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50.5¢ leo lithium limited

Interesting. If that was all they had I can imagine it would...

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WoodySpoon

9,497 Posts.

2858

14/05/24

13:52

Post #: 73816425
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Originally posted by kdwc: ↑

"I think it was Gareth who repeatedly reminded me on the FFX thread a company can't be listed on the asx withouta project, or business to run. So they'll need to either find one, or decide to wrap the whole thing up."

I think that the royalty income would constitute a business (Deterra only has royalty income)
That said- they should wind it up once the sell the income streams off (at a discount to entice a buyer) and pay Capital back to us!

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Interesting. If that was all they had I can imagine it would require a new prospectus to get out of suspension....anyways I'm sure that wouldn't be all they go with before re-opening if re opening is indeed the plan.

LLL Price at posting: 50.5¢ Sentiment: None Disclosure: Held
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