LIN 5.26% 13.5¢ lindian resources limited

The World Should Be Watching

  1. 155 Posts.
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    It's a shame that the level of discussion on this forum seems caught between supporters of management (who probably got in early and are sitting on bags even at this low price), versus newer investors thinking: "wtf"?

    Nothing new is said here and so thediscussion is meaningless and circuitous. The supporters rush to defend their mgmt friends and say unsupported things like “they’re pulling their hair out too” and meanwhile the SP continues to burn.


    From my point-of-view, a few things seem obvious:

    This is a great discovery and mgmt have done extremely well to prove it up and get initial offtake so quickly.
    There is clear and obvious danger in the way this is being manipulated (mainly via CXA).There does seem to be some indication that mgmt might have been involved. The proof has been repeated many times with significant early buying before and directly leading into really good announcements which is then immediately followed by selling when the ann hits i.e. it seems clear that the news was leaked to a select few? If supporters don't agree then please explain how this could keep happening?

    This, of course does nothing to inspire market confidence in the way thecompany is being run.

    Overall, the Lindiangame is being played "small". Lindian is largely unknown in Australia let alone US/UK/Europe/Japan etc where it seems invisible.Mgmt don't seem interested in trying to increase Lindian'sawareness in line with the size and significance of the resource (or don't knowhow to)? Why not?As per point 1), mgmt are good at what they do but are seemingly only interested in their existing comfort zone/skill set which they won't depart from?

    Finding, gaining and proving up theresource has been outstanding but there she pretty well stops.

    They just keep singing from the same hymn sheet.

    The CEO is a really good presenter but essentially just keeps saying thesame things - everything is "fantastic", "amazing", "perfect"! However, people become dulled to this constant rhetoric. The Chairman has had the opportunity to introduce some new talent with a different skill set, but instead, seems to have gone backto the comfort zone of ‘old mates’ and, it must be asked: what value have they added/are they capable of adding?

    7. Unfortunately, this all has played into the hands of manipulators and shorters.


    The resource news is known and whilst there has been no properattempt to expand awareness and interest in the key overseas markets to broaden the buying base, themanipulators feel they have little Lindian on a string.


    Thisis proven every single day when watching the ‘trading’ on the ASX and CXA.


    Therefore, important questions need to be asked:

    a) if mgmt are not involved in the manipulation (which seems unlikely given
    all the leaks before the anns) - what are they doing to try to stop it?

    Given that the current way that mgmt are operating isn'tworking, what are they doing to change the game?


    b) they're now saying that this is the biggest/greatest/most significantdiscovery in the world but instead of broadcasting this to the world, they're not willing to leave their comfort zone of oldmates/old contacts (more Proactive Investors etc. etc. just more of the same…).


    c) and, this seems to be the biggestanomaly of all:

    Here we (supposedly) have the biggest and bestTier One rare earths resource in the world,seemingly being managed by a team of "local” (maybe even dysfunctional?)minor team players (i.e. certainly not Tier One mgmt to match the resource)?


    What could go wrong?

    ……Enter the CSX manipulators.

    Now, look where we are?

    What have management done - are they out of their depth?

    What are they going to do?

    I'd like to say - "the world is watching" (but unfortunately, they're not)!


 
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