LEL 2.60% 37.5¢ lithium energy limited

VOTE AGAINST SALE AT BOTTOM OF CYCLE, page-82

  1. 2,686 Posts.
    lightbulb Created with Sketch. 546
    The 27% vote from SRK is a decision made by SRK board or SRK shareholders?

    re CNGR, they will not run this project. As William alluded, they got involved to secure supply (I.e.. offtake /funding). They are not into mining. All Chinese companies in Argentina exploring/producing are mining companies (Ganfeng; Tsingshan, Zinjin...)

    All the lithium projects in Argentina, and worldwide, are not owned/run by battery manufacturers; rather by mining companies, or conglomerates that have mining arm.

    CNGR has no track record in mining or production or refining of Lithium Carbonate.


    BiG QUESTION:
    when it became apparent that all these bidders loved Argentina, loved the project, and were not interested in investing along side William ( who blame them....), why on Earth William did not open up a competitive bidding process to the whole world, rather to 5 companies shortlisted by themselves with the original intention to only fund/ participate/ secure offtake. WHY ??!!!!

    Last edited by PirataCzornomaz: 11/05/24
 
watchlist Created with Sketch. Add LEL (ASX) to my watchlist
(20min delay)
Last
37.5¢
Change
-0.010(2.60%)
Mkt cap ! $42.00M
Open High Low Value Volume
38.5¢ 38.5¢ 37.0¢ $108.7K 288.6K

Buyers (Bids)

No. Vol. Price($)
2 42000 37.0¢
 

Sellers (Offers)

Price($) Vol. No.
37.5¢ 33619 1
View Market Depth
Last trade - 15.49pm 26/06/2024 (20 minute delay) ?
LEL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.