LLL 0.00% 50.5¢ leo lithium limited

General Discussion, page-7185

  1. 4,180 Posts.
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    Looks like Liontown won't be around to see production
    A $3 bid from Albemarle the Board intends to accept.

    With the original $2.50 bid putting a floor under the SP, the SP was just going sidewards.
    A pity really, they supposedly would have their plant finished in 4 months time, once producing at 600kr pa their SP would be worth a lot more than $3, just the execution risk which is very real given it's underground and iron ore management.

    The Insto's will sell as will Goyder, a done deal IMO.
    That doesn't leave many pure play Lithium producers to invest in.
 
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