After the credit raising of $1.75mil a bit more will pop into the till for LNR (formerly FNT).
Lanthanein Resources Limited (Lanthanein or the Company) refers to the agreement signed with PNG based Lole Mining Limited (Lole Mining) for the sale of its wholly owned subsidiary Frontier Copper PNG...
It seems the nearness to already recognised projects is driving the share price increase after LNR released a presentation yesterday.
Or is it just a pump and dump? I hope not as my thoughts were after looking at this previously it could one hell of a project.
LNR have a credit raising at 1.4cents, raised about $1.75mil, went into trading halt Monday morning did I bitch about it yes.
Today it’s up about 23% and trading at 2.1cents unbelievable, I might get back to break even.
However will hold till they finish drilling and announce assay results...
It’s been sold off not in huge volumes more it’s no buyers at the moment in this segment of the market. Looking at a chart it’s hard to pinpoint some support.
Hopeful of seeing some support at current level.
The selling from almost two dollars to a $1.08 on the chart looks totally oversold.
Today was such a dreary dismal day and I was quite bored so I bought so more FNT or whatever it’s called these days.
It must be German for landmine and getting ready to explode.
No it dropped to $0.016
Five waves down in a nasty channel, looking for 34/35cents the first challenge, hopefully back in the fifties.
With markets maybe stabilising I can only see this going up based on what it has and future other discoveries.
Only I have been wrong a few times.
Adding more at 20 cents did not...
This company has no respect for the Aussiestockforums monthly tipping competition.
They are currently in a trading halt with an announcement due to market to be delivered Thursday 30th June.
It’s been a long wait for the results of testing, due a few months ago.
Hopefully their future produce is...