Australia's largest stock trading and investment forum Australia's #1 stock forum

LLL

Click for more information

0.00%

50.5¢ leo lithium limited

One would hope so and if true the margin from project management...

First 615 Last

Share
Profile

Follow
Pseudo19

520 Posts.

234

13/05/24

18:52

Post #: 73803279
Share

Originally posted by Wombat2: ↑

Mate
You really know nothing about managing large construction projects. There is no way that LLL would remain on site without receiving full compensation for all of their site staff plus some sort of margin to cover the cost of those back in Australia who support the employees based in Australia.

As LLL is now a service provider they will no doubt levy a profit margin on top of their direct costs of staff in Mali and HO overheads. This is likely to be of the order of 30% plus otherwise why would they bother. All of these arrangements and agreements will be "commercial in confidence" never to see light of day in Coy announcements. It is the way that business operates in such a situation.

W2

Expand

One would hope so and if true the margin from project management should be documented in the September quarter as income.

Last edited by Pseudo19: 13/05/24

LLL Price at posting: 50.5¢ Sentiment: Hold Disclosure: Held
4 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 141 more messages in this thread...

First 615 Last

Add LLL (ASX) to my watchlist