Summarising many thousands of Lindian posts, there is big belief in the resource but little trust in management. This trust has been eroded by manipulation, insider trading and a general disdain and lack of connection for retail.
So, now what do we really make of a very favourable Petra report which features the disclaimer: "this report is prepared soley for the use of Asimwe Kabunga of Lindian Resources Limited"?
Is this another attempt at manipulation with a "hired gun" report?
Adding to the suspicion, this report just happens to coincide with a whole new wave of (paid?) rampers, posting for the first time and who are now dominating Lindian HC here?
We all want the SP to match the world class resource value potential (i.e. North of $1) but why does this constantly feel like it is being managed by people whose only experience is with penny dreadfuls?
LIN Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held
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