LIN 2.15% 9.1¢ lindian resources limited

Strong RNS - strong buy?, page-8

  1. 49 Posts.
    lightbulb Created with Sketch. 26
    correct re cash raise but with kabunga as major shareholder his track record is to ensure company keeps moving and with momentum - he did LIN at 2c when stock at 1.5c , look at armadale capital on aim (seriously soft and company friendly £400k 2 year debt piece) - i wouldnt be waiting around for the cap raise as he could just as well get a 2 year facility like armadale - rail is already in place to tanga port - 10-20km from the deposits - with 6 deposits, this project could well hold 150-200m tonnes - from qtly looks like we will have assay results from the other deposits in the next 1-2 weeks - if they are similar to initial ones - you can be pretty confident on quality - the activated alumina and reactive silica numbers form the first deposit are the highest seen for a listed company - im topping up once we get results form the other deposits within the Project - after that the snowball could get a life of its own
 
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9.1¢
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9.2¢ 9.6¢ 9.1¢ $24.40K 263.2K

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No. Vol. Price($)
1 79999 9.2¢
 

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9.6¢ 62379 1
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