LNR 0.00% 0.5¢ lanthanein resources ltd

the spps stuffed!, page-9

  1. 2,051 Posts.
    lightbulb Created with Sketch. 105
    I guess if FNT found it too hard or expensive to raise capital they could always scale back their own operations and just let the externally-funded JVs run. There are, after all, quite a few on the go a la Ok Tedi and potentially Newcrest too (the latter subject to HOA being signed). And we could always lease out our rigs + crews as has been done before to get through a lean spell. Having funded JVs and our own drilling equipment gives us some measure of flexibility that a lot of other cash-strapped juniors don't have.

    Still, it sucks to see FNT under 9c compared with where we were a year ago... just need to be patient.
 
watchlist Created with Sketch. Add LNR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.