PLS would not be interested in investing in Mali. Like Ken Brinsden, they would consider Canada if going overseas. Their best bet would be to pick up a distressed lithium asset in Australia and all their knowledge/ experience on Australia would be invaluable plus their corporate overheads would remain largely unchanged. Yes the Mali deposit is superior or richer in lithium content by nearly 20% but the haulage route to port is aprox 9.5 times longer and crosses an international border.
The Mali Govt has not been stable so it is a volatile jurisdiction to invest in. All very sad but true
Chrs W2
- Forums
- ASX - By Stock
- LLL
- Ann: Leo Lithium Provides Project Update
Ann: Leo Lithium Provides Project Update, page-84
-
- There are more pages in this discussion • 40 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LLL (ASX) to my watchlist
|
|||||
Last
50.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $605.4M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
LLL (ASX) Chart |
Day chart unavailable
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online