Why disappointing ? I don't think these results will be anything other than what the market expects.It can only be disappointing if the overall grade is below our 2.2% average.
I expect these results to be higher -- and maybe significantly higher -- than the existing resource grade of 2.2%. Why ?, because all the broker research shows they plan to mine the higher grades first, at least at average 3%, so this drilling is helping define the best places to mine first and I expect some decent high grade hits.
It's a great buying opportunity on this weakness and I continue to add to my position -- even today.
www.instagram.com/reel/CxD4szJhRYP/?igshid=NjFhOGMzYTE3ZQ%3D%3D
Lindian Resources 2023, page-21
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Last
14.0¢ |
Change
0.005(3.70%) |
Mkt cap ! $161.4M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 14.0¢ | 13.5¢ | $131.6K | 959.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 327516 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 220259 | 4 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| LIN (ASX) Chart |