The big difference between many REE Li hopefuls and LNR is that LNR has previously released strong REE surface samples, so i guess the pending drill results risk is far less than a company that has not released previous results and or low grade results.
Hence i think people got the complete wrong idea,and we have seen a small sell off since the quarter report the other day,. The fact that we have $2,8m cash and the reason there will be a much lower spend this coming quarter is exactly what the company states, the drilling is complete so i expect a very low cash burn this coming quarter.
GDoggy for your sake, i hope they release monster drill results from both locations, and it runs high for you s it did previously to 6.8cents, you deserve it after all this time cheers !
LNR Price at posting:
1.7¢ Sentiment: None Disclosure: Held
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