Give us a break mate. Sure the $1m will be run down by paying for samples testing, transporting more samples, JORC computation , general expenses etc. What do you expect? All companies incur expenses. When funds run out there will be a CR. It will occur before the asset is sold. Hopefully after the company and its sell price has been re rated.What more news can the company communicate to the market?
Anyone interested in the stock including BY clients and friends of the company would be buying now in anticipation that the sp goes up would they not?
Why are you buying at present? Surely because you know the value of the massive discovery that is not reflected in the current sell price?
We all want the sell price to go up. Even Shannon and fellow directors. Sellers make it go down and Buyers make it go up. Basic supply and demand in action with every stock. Stay calm and let's hope that tomorrow brings you joy.
Video: Assays Confirm High Grade Bauxite - Interview with Shannon Green, MD Lindian Resources - May Update, page-17
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10.5¢ |
Change
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Mkt cap ! $121.0M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 11.0¢ | 10.0¢ | $203.1K | 1.922M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 2191153 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 16067 | 1 |
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