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5.71% 9.9¢ lindian resources limited

Thanks for the info, Earl. Very interesting and a good read -...

  1. Booash
    296 Posts.
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    26/02/24
    11:14
    Post #: 72594256


    Thanks for the info, Earl. Very interesting and a good read - but one thing stands out like a sore thumb?

    It mentions the offtake agreement with Gerald which is well known but then also says:" Additionally, there is an offtake agreement
    with the Chinese company, Shenge, to take up to 40% of production. The indicative price is 10% of the ruling NdPr price. At US$50/kg, this is $5/kg to Lindian."

    The price is "10% of the ruling NdPr price"?????

    Surely this can't be correct?
    LIN Price at posting: 14.3¢ Sentiment: Buy Disclosure: Held
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