Lindian Resources Seems Pricey Given Development Still in Works -- Market Talk

Dow Jones

May 04

2352 GMT - Lindian Resources appears a bit expensive after a recent rally despite its large resource and recent project progress, according to Macquarie. The bank initiates coverage of the stock with a neutral rating and A$0.75/share target. "LIN's Kangankunde rare earths project boasts a large, long life resource base, simple flowsheet, and strategic partnership for offtake volumes," says Macquarie. Yet "LIN's valuation appears full when viewed against its current stage of project development." The regulatory and logistics risks around the proposed SARECO acquisition are also underappreciated, according to Macquarie. The bank doesn't include SARECO in its base case. Shares ended Friday at A$0.82. The stock has roughly doubled year to date. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)

(END) Dow Jones Newswires

May 03, 2026 19:52 ET (23:52 GMT)

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The bank initiates coverage of the stock with a neutral rating and A$0.75/share target. \"LIN's Kangankunde rare earths project boasts a large, long life resource base, simple flowsheet, and strategic partnership for offtake volumes,\" says Macquarie. Yet \"LIN's valuation appears full when viewed against its current stage of project development.\" The regulatory and logistics risks around the proposed SARECO acquisition are also underappreciated, according to Macquarie. The bank doesn't include SARECO in its base case. Shares ended Friday at A$0.82. The stock has roughly doubled year to date. (rhiannon.hoyle@wsj.com; @RhiannonHoyle) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 03, 2026 19:52 ET (23:52 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lindian Resources Seems Pricey Given Development Still in Works -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLindian Resources Seems Pricey Given Development Still in Works -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-05-04 07:52</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     2352 GMT - Lindian Resources appears a bit expensive after a recent rally despite its large resource and recent project progress, according to <a href=\"https://laohu8.com/S/MQG.AU\">Macquarie</a>. The bank initiates coverage of the stock with a neutral rating and A$0.75/share target. \"LIN's Kangankunde rare earths project boasts a large, long life resource base, simple flowsheet, and strategic partnership for offtake volumes,\" says Macquarie. Yet \"LIN's valuation appears full when viewed against its current stage of project development.\" The regulatory and logistics risks around the proposed SARECO acquisition are also underappreciated, according to Macquarie. The bank doesn't include SARECO in its base case. Shares ended Friday at A$0.82. The stock has roughly doubled year to date. (rhiannon.hoyle@wsj.com; @RhiannonHoyle) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 03, 2026 19:52 ET (23:52 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7095","symbol_name":"多种金属与采矿","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2632989485","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2632989485","pubTimestamp":1777852320,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"2352 GMT - Lindian Resources appears a bit expensive after a recent rally despite its large resource and recent project progress, according to Macquarie. The bank initiates coverage of the stock with a neutral rating and A$0.75/share target. \"LIN's Kangankunde rare earths project boasts a large, long life resource base, simple flowsheet, and strategic partnership for offtake volumes,\" says Macquarie. Yet \"LIN's valuation appears full when viewed against its current stage of project development.\" The regulatory and logistics risks around the proposed SARECO acquisition are also underappreciated, according to Macquarie. The bank doesn't include SARECO in its base case. Shares ended Friday at A$0.82. The stock has roughly doubled year to date. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7095":"多种金属与采矿","LIN.AU":"LINDIAN RESOURCES LTD"},"translate_title":"鉴于开发仍在进行中，林甸资源似乎价格昂贵——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LIN.AU":0.9},"content_text":"2352 GMT - Lindian Resources appears a bit expensive after a recent rally despite its large resource and recent project progress, according to Macquarie. The bank initiates coverage of the stock with a neutral rating and A$0.75/share target. \"LIN's Kangankunde rare earths project boasts a large, long life resource base, simple flowsheet, and strategic partnership for offtake volumes,\" says Macquarie. Yet \"LIN's valuation appears full when viewed against its current stage of project development.\" The regulatory and logistics risks around the proposed SARECO acquisition are also underappreciated, according to Macquarie. The bank doesn't include SARECO in its base case. Shares ended Friday at A$0.82. The stock has roughly doubled year to date. (rhiannon.hoyle@wsj.com; @RhiannonHoyle) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 03, 2026 19:52 ET (23:52 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}