One of my fears is that due to the companies low public profile, the placement shares could place a significant strain on the share price potentially pushing it to .006. So it has been good to see a reasonable volume going through at .007,
On Wednesday morning the company will release a new investor presentation.
Lincoln Minerals will be engaged with a few hundred investors, stockbrokers, and many other interested parties.
With the China Export Restrictions Deadline coming in December, I think there will be a lot of people looking for the next "Lithium" or the next big commodity. Graphite is certainly a hot contender.
With Lincoln Minerals tiny market cap, it's not going to take much to push the share price northwards considerably.
We tick so many boxes to becoming a viable mine
1. Excellent Mining Jurisdiction
2. Close to infrastructure
Road.
Rail.
Port Facilities
Water from the nearby Tod Reservoir
Power lines close by.
Experienced mining work force available.
3. High Grade Deposit which = low cost to mine
4. From Surface = Cash flow starts early
5. Approved Mining Lease
Having been to a few mining conferences if the investors/stockbrokers like the story then we could see an interesting week.
Then the week after we are due to start drilling..
Often creating more interest and increased prices/volume.
If LML drops back to .006, in the next few days, consider it a gift.
I think we are about to be rerated.
Looking forward to the trading period between the 15th - 30th of November in particular
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.92M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
32 | 16531736 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 2021764 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
32 | 16531736 | 0.006 |
21 | 23213665 | 0.005 |
6 | 2390001 | 0.004 |
3 | 1400000 | 0.003 |
1 | 300000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 2021764 | 2 |
0.008 | 7221685 | 13 |
0.009 | 2489136 | 4 |
0.010 | 9082030 | 8 |
0.011 | 4950000 | 2 |
Last trade - 10.09am 09/05/2024 (20 minute delay) ? |
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