LIN 3.70% 14.0¢ lindian resources limited

No offence to you Having0, but what a totally uninformed,...

  1. 729 Posts.
    lightbulb Created with Sketch. 157
    No offence to you Having0, but what a totally uninformed, unsubstantiated and offensive comments about the chairman.

    What rubbish is " we are firm believers he has used many people on his crusade to riches" What riches? Pre the settlement the chairman owned 80,275,000 shares.

    Since then he has participated in most of the share placements and has increased his holdings to over 125m shares without selling one.

    While I do think he may have a few shortcomings I firmly believe he has been totally bonafide in trying to develop this asset.

    In terms of value his holding value has also been clobbered from over $58m to currently around $20m.

    The company has always had a need for capital and this plus the NdPr price falling from over US$120,000 per tonne to less than US$60,000 per tonne, has not helped.

    www.metal.com/Rare-Earth-Oxides/201102250162

    I'm a firm believer that this will recover and you will all dread not averaging down around these prices, instead of blaming others for your investment decisions-- we are all adults, take charge of your own investment decisions and move on.- Either sell or buy more, I know what I am doing !!

    www.instagram.com/reel/CxD4szJhRYP/?igshid=NjFhOGMzYTE3ZQ%3D%3D

    I believe, this is a world class asset and is cheap, real cheap at these prices and i'm putting my money where my mouth is.


 
watchlist Created with Sketch. Add LIN (ASX) to my watchlist
(20min delay)
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
View Market Depth
Last trade - 16.10pm 05/07/2024 (20 minute delay) ?
LIN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.