LIN 47.6% 15.5¢ lindian resources limited

The third tranche of US $10m (A$15m) is due in August. To date...

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    The third tranche of US $10m (A$15m) is due in August.

    To date the company has had no difficulties in securing funds for the previous two payments and additional funds for mine development requirements.

    I can only assume that the next CR will come from offtake agreements.

    The static shareprice is most likely due to institutional investors waiting for security of funding and MRE announcements. I expect news will flow over the next 2-3 weeks. This should then propel the shareprice well over the 50c levels.

    As a long time and long term investor I have time on my side and not concerned with daily fluctuations as long as the trend is upwards.
 
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Last
15.5¢
Change
0.050(47.6%)
Mkt cap ! $178.7M
Open High Low Value Volume
12.5¢ 15.5¢ 12.5¢ $1.396M 9.989M

Buyers (Bids)

No. Vol. Price($)
4 597661 15.5¢
 

Sellers (Offers)

Price($) Vol. No.
16.0¢ 220183 6
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Last trade - 16.10pm 01/07/2024 (20 minute delay) ?
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