Those selling don’t really understand the asset or they have...

Those selling don’t really understand the asset or they have made multiples on their money in a short period given LIN has run hard over such a short timeframe. Some might take the view that $200 million market cap is a lot for a project without a JORC resource and no assay results apart from all the unqualified historical stuff. On this basis the placement was well priced and LIN now has the money in the bank to really ramp up the drilling and show us all how good this asset really is. Lots of talk from Stephens about how big Kangankunde could be and how it will have excellent frade. so we are entering the next phase to confirm this and that is what will re-rate this stock to the next level. Real Data. That said, Stephen’s confidence is believable . The bloke is not some penny stock spruiker, he knows this asset very well, he knows rare earths and he has geological cred given what he did at Arafura. Kabunga did well to lock him in. This will be evident very soon.