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50.5¢ leo lithium limited

Ann: Initial Funds Received From Sale of Goulamina to Ganfeng, page-48

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rfctiger43

72 Posts.

26

23/05/24

20:12

Post #: 73982582
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Originally posted by Kikker1959: ↑

If you expect to get the second tranche paid out in full too, then there is no need to stay listed. Listing cost and obligation are gone and the shell can be sold too. That way the shareholders get maximum paid out.

I believe the second tranche was designed so management can continue with their well paid gig and will drop the second tranche in something new to keep it going.

If management is concerned about you, they would have spoken in the announcement to drop expenses and their own pay, as far as I can see they have not.

Best to do is get the first tranche at 15-19 cents a share in November, get this trading and get out with an additional 6 cents or so. Waiting for the second tranche will not happen IMO and backing this mop to do something else is madness. AIMO.

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I love how you’re dropping the price we’ll get back lower than everyone else (15) based on nothing except your delusion. It’s the small things you do which are quite clever. Sadly I think you are obsessed with the stock and not just a troll. You really hate LLL and their holders for some weird reason.

LLL Price at posting: 50.5¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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