LNR 0.00% 0.4¢ lanthanein resources ltd

There should be no talk of consolidation at this point. We have...

  1. 3,668 Posts.
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    There should be no talk of consolidation at this point. We have 1900 sample assays to analyse. We have a drill program which if financed. We have 3M shares in a company currently trading at 60c with suspected high grade gold assays pending. We are able to cash these out later this year and if the resource is high enough we will receive an extra payment. If they play there cards right this can run to 5c on drill results. Thats when they will look at doing a CR. If they follow other companies, they wont want to do a consolidation until we reach 3B shares. IMO. Lets just let the resource (if there is one) unfold before shutting the company down. Also we have a board member with personal funds in the game now. What his movements for what is happening. He cant sell without announcing.

    GD
 
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Last trade - 10.04am 23/07/2024 (20 minute delay) ?
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