LLL 0.00% 50.5¢ leo lithium limited

General Discussion, page-2209

  1. 284 Posts.
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    This sort of SP ie $0 57 should be manna from heaven for an organisation looking to take over a Tier 1 sized resource. Certain Mining behemoths (and there are some known to be looking) have never been shy about investing in a bulk resource in Africa (shipping proximity to Europe doesn't hurt either). Other possible suitors include a company steered by a dominant shareholder, known to be on the hunt for a lithium mine, and not shy on Africa, or a Chinese partner for that matter. We should all be aware of risks associated with this investment, but there are many reasons to believe that the rewards (SP and dividend) when LLL gets to production will be impressive (even if we don't receive an offer to good to refuse, before hand).
 
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