News: LML Lincoln Minerals Announces Underwritten A$1.5M SPP To Advance SA Projects, page-4

Yeah - not particularly sure what to think either, was not expecting a cr so soon. They really need to start creating some value, instead of just 'data mining' old data for value. 1.5m, is probably another 12 month runway (at tops), which should give us the PFS - enabling some business negotiations to take place relating to off-takes and partnerships. I'm personally surprised we didn't get a little from the govt, as per RNU. It would seem we have a decent resource (at least the graphite), but need management to do something with it, not just entertain old excel spreadsheets indicating historical drilling/holes. I'm bullish, but you'll need some patience with this one I suspect (IMO).