LLI 4.00% 12.0¢ loyal lithium limited

Ann: Acquisition 3Xs MMG Landholding in JamesBay Lithium District, page-17

  1. 873 Posts.
    lightbulb Created with Sketch. 211
    Yeah fair points, haven't seen anyone on here making baseless claims though everyone knows where green field. Doubt anyone has their super in here haha.

    Although it ticks a lot of boxes:
    • 15M EV, huge leverage to even a few decent lithium hits.
    • Multiple land holdings helps to de-risk, although I'm only here for brisk.
    • Experienced management
    • Land was selected by prospect generation team with strong history of success in the area, they've proved their model and really earned respect.
    • Favorable geology for lithium deposits
    • Company is putting effort into PR, name change, high quality presentation.

    Saw a few people bashing the "nerology" aspects as well, Lithium is a very abundant element so a nerology play for lithium is much more warranted than it would be for say gold or nickel provided you're still looking in the right geological setting which MMG are.
 
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