Medium term lurker, short term holder with a view on why instos/ BEOT are not drinking the Kool-Aid and buying in:
They need a number of boxes to be ticked including a happy marriage between the resource potential and management’s perceived ability to manage the resource.
It looks like the resource is beyond reproach, but we wonder about the other side of the equation?
Even rudimentary analysis of the last few months poses some serious questions.
Clearly, each announcement was leaked prior which resulted in very unusual trading patterns and even really good announcements then being sold into straight away for quick short-term profits for a select few.But, at what cost to Lindian’s overall reputation?
This is a black mark and one which will continue to hold the BEOT back. We have to question the reasons this behaviour continues unabated?
Is it short-term greed? Is it trying to help mates? Or, Is there another reason?Why would anyone risk the serious long-term potential of this resource by playing these games which clearly signal management that might not be up to what is expected for a resource of this potential?
Another important question is why the company aren’t trying to increase their awareness overseas in the big markets that understand the need for REE (USA, Japan, UK, Europe, South Korea etc…). In these countries Lindian is currently unknown and invisible.Given that this looks like being one of the biggest resources ever found, Lindian needs to play a ‘big’ game in the ‘big’ markets as opposed to the petty get-rich-quick games currently being played on the tiny ASX which are only aiding and abetting all the CXA manipulation currently also happening.
To the fanboys who type before they think: This is not down ramping but pointing out what needs to be done to allow this to begin to reach its full potential - which surely all SHs would want?
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