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The latest update is out from Lincoln Minerals Limited ( (AU:LML) ).
Lincoln Minerals Limited has secured a $294,096 short-term loan against its 2025 R&D tax rebate to support its Minbrie copper-zinc project and working capital needs. This loan, with a 17% interest rate, will enhance the company’s cash position and facilitate the completion of drill-ready targets at Minbrie, positioning Lincoln to accelerate its exploration activities and maintain its strategic focus on critical minerals in South Australia.
More about Lincoln Minerals Limited
Lincoln Minerals Limited (ASX: LML) is an Australian exploration and development company focused on advancing critical minerals projects in South Australia’s Gawler Craton region. The company’s portfolio includes copper, uranium, graphite, and magnetite assets, aimed at supporting global electrification, decarbonisation, and supply chain security. Key projects include the Minbrie Copper & Base Metals Project, Kookaburra Graphite Project, and Green Iron Magnetite Project, with ongoing exploration and development efforts.
Technical Sentiment Signal: Buy
Current Market Cap: A$10.51M
For detailed information about LML stock, go to TipRanks’ Stock Analysis page.