LLL 0.00% 50.5¢ leo lithium limited

General Discussion, page-531

  1. 402 Posts.
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    To ease my head around change in the new demerger SPs/cost base percentages, I'm still checking the combined FFX & LLL SPs against what would have been the pre-demerger SP...which is now down to 54c...combined frown.png This is crazy low.

    Say, hypothetically that this were to be 100% allocated to LLL (which it's not), but with the market sentiment today saying FFX is worthless (which it's not), that is insanely low for the even the LLL project alone, which is fully funded to production, plus now with sanctions having lifted on today of all days. (HC needs a facepalm emoji).

    So grateful we demerged prior to the FFX suspension and have Simon Hay Heading up LLL.

    Disappointed but expected to see LLL down today, assuming it is mainly based on the FFX news - shorters and trapped/frustrated/angry FFX holders needing access to funds for the next month, although about half of the Li sector appears to be slightly down in general today.

    Glad I decided to sell my 70c pro-rata at a loss on 30 June to offset my year gains, and will re-use the remaining funds as a trading parcel to catch back on up some of the losses when this thing turns around, and will spread the love around the Gold & Lithium sectors a bit more - some good bargains to be had (see what I did there... wink.png) . If you don't laugh, you'll cry.

    Excellent project, such a shame the bad wood dragged it down, but now Leo is set free, hopefully we can get back on track.

 
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