LU7 22.5% 1.0¢ lithium universe limited

LU7 - General Discussion, page-139

  1. 10 Posts.
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    Interesting view Makan,

    I believe that Galaxy traded at 23 cents when Iggy announced his resignation. Mt Cattlin is famed for being problematic and high CAPEX. They also had operational issues with the Jiangsu plant in China at the time.

    PMT and WR1 are behemoth resources... but isn't LU7 on a different path.

    Supposing they do follow suit they will very likely JV with LU7. And seek the services of ...Primero ...Hatch. They would almost certainly be behind in completing any like for like projects.

    Can't say I've put much thought into Alex Hanly's stint at Polymetals, upon looking up your claim POL released a prospectus dated 21 April 2021 to the market announcing Alex Hanly's immediate resignation. The purpose of the prospectus is a cap raise offering 25m New Shares at 20c each to raise $5m. This does not support your statement.
 
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