Australia's largest stock trading and investment forum Australia's #1 stock forum

LLL

Click for more information

0.00%

50.5¢ leo lithium limited

Ann: Goulamina on Schedule Post Discussions with Mali Government, page-154

First 154 Last

Share
Profile

Follow
locky27

3,871 Posts.

461

04/09/23

11:26

Post #: 69717867
Share

Originally posted by illalong ↑

I think basically anything other than Mali going cheaply to 35% equity is a win.
Overall things have got more expensive/risky, but SYA, CXO, LTR all have their own significant issues - not trying to say they are worse than ours, but the marginal cost for lithium production has jumped a lot in the last six months.
Whether it's higher cost production or slightly lower equity, this project has become worse, but it will be selling into a lithium market with sustained higher prices.
I was fortunate to have just trimmed 10% of my position at $1.10, so bought a bunch at $0.60. We'll see how it plays out, especially after this call, but 60c is still very cheap.

Expand

What % did LLL hold before todays ann change on percentages...... thanks illa

LLL Price at posting: 59.0¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Failure to report prompts ASX to impose multiple company suspensions

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

IRE

Iress runs 'hot' for Wealth Within's stock tips

There are more pages in this discussion • 687 more messages in this thread...

First 154 Last

Add LLL (ASX) to my watchlist

SPONSORED BY