LLL 0.00% 50.5¢ leo lithium limited

Ann: MoU Signed with Mali Gov & Sale of Entire Project to Ganfeng, page-709

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  1. 6,935 Posts.
    lightbulb Created with Sketch. 4478
    Leo Lithium wind up;
    My calculations below are for the scenario of the company intending to wind up and return all capital (cash) back to shareholders and based on the Company just doing the minimum required, using funds as necessary for a company leading into liquidation.
    The working capital of circa $26m (see below) for the above scenario would be excessive, but it left me with an easy number for calculations.

    FFX wind up,

    ~ doesn't include any surprises, and has a minimal working capital that may need to increase.
    ~ but if the Board follow through with their undertakings of returning capital (cash) and the LLL shares, it will be pretty close.

    https://hotcopper.com.au/data/attachments/6181/6181344-6ce53b910028ce8d611a6854f2b4c483.jpg

    cheers
    Last edited by fooca: 19/05/24
 
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