LU7 0.00% 1.2¢ lithium universe limited

Ann: ASX Market Release - Anticipated Reinstatement to Quotation, page-10

  1. 174 Posts.
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    For full disclosure I am in the unfortunate position of being a legacy holder of MGG and I will also continue to hold.

    I do have a bias with a long term holding in ESH then MGG now LU7, which has been an unpleasant and expensive experience. I am not interested in parking anymore money in LU7 for obvious reasons if you followed MGG threads!

    IMHO the impending IPO of PLN is undoubtedly a far superior investment opportunity to LU7. My personal belief and bias is LU7 will not be around in 5 years time to realise any investment return.

    Just an opinion not advice!

    Hopefully, this ship can be refloated but I have reservations supported by historical company performance!

    I wish everyone the best for this investment!
 
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