LLL 0.00% 50.5¢ leo lithium limited

General Discussion, page-4003

  1. 9,046 Posts.
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    What if ECOWAS were to re-introduce sanctions because of Mali missing their own referendum date? What would be the story "no effect" like the last lot, or the truth that it would delay the building of the mine, and probably delay any sales of DSO or final 6% spodumene.

    To me this is the real reason we have been falling and remained low in price. We basically have the normal market jitters from falling lithium prices (though still high), with this in the background going on.

    I would expect the SP to take off once referendum and elections are sorted, but pressure to remain on SP in the interim. Could we go back to the 35c low? Anything is possible in the current market IMHO, so I'll be taking appropriate protective action of capital, while still holding some...
    AIMHO of course...
 
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