LIN 4.55% 10.5¢ lindian resources limited

not sure that it is fair to say they didn't know what they...

  1. 455 Posts.
    lightbulb Created with Sketch. 70
    not sure that it is fair to say they didn't know what they were doing. this was a well known brownfields resource with historical data that already indicated it was huge, hence they acquired it for 30m USD.

    Alastair was brought on as he was the experience to take it all the way to production. overall, the company has achieved its goals efficiently to get to a MRE resource. they are now moving quickly towards phase 1 production. Big question mark remains on their ability to bring to production without smashing investors with significant dilution and in being able to find good offtake partners. they have scaled up the team recently and hopefully this will help them achieve these goals.

    Alastair is also impressive in his presentations. perhaps needs to market it better globally to target offshore interest. he did speak at a US based conference not long ago. more of this would be good but appreciate it's difficult as his main goal is getting this thing into production
    Last edited by ryan2k: 08/09/23
 
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