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50.5¢ leo lithium limited

Ann: Leo Lithium Produces First DSO, Offtake Process Set, page-43

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manny100

5,482 Posts.

2386

03/07/23

14:36

Post #: 68590846
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Originally posted by 52570: ↑

To a extent, the whole valuation thingi (of LLL) is a wee bit arbitrary.

Sure , people may be able to find something of a valuation of the current resource and expected earnings for that , over say 10 years.

However your last point is where a lot of growth will come from too - but it is as yet unknown. Like we know ASAP there will be a processing plant built somewhere (very likely Europe), but we don't know really how much profit we will derive from that (plant). And our current resource at Goulamina may well double over the next say decade of drilling especially if we include the two 'new' tenements we have just acquired adjacent (that are hopefully very prospective).

ALL IMO

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Yep but the announced Downstream and exploration plans whilst revenue etc unknown gives us a 'spec' element which at times excites markets.
One thing we do know is that we should generate enough cash over the next few years to lay a foundation for an eventual high medium to large cap if managed well.

LLL Price at posting: $1.12 Sentiment: Buy Disclosure: Held
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