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50.5¢ leo lithium limited

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chrisman

1,004 Posts.

192

12/09/23

13:37

Post #: 69826329
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Originally posted by 52570 ↑

I find it a bit perplexing actually. Ok sure - most people were expecting a share price drop when we got back to trading, due to the reasons in your post.

However , the drop in share price seems very exaggerated, I mean essentially the only difference between now and before the trading halt, is the probability that the proposed DSO shipments are now not likely . Its been hammered home from both the company and some posters including you, that we will not likely make much profit out of DSO anyhow. Of course if we don't do the DSO - that ore will go to our concentrate plant and be more valuable.

Yes there is the tax issue as the company has pointed out - but really, its almost inconsequential (our share) and its very likely to be resolved with no money owed.

?

ALL IMO

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I think the problem is that these issues have highlighted how the relationship with the Malian government has changed dramatically since the new minister of mines was appointed.

LLL Price at posting: 52.0¢ Sentiment: Hold Disclosure: Held
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