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

Yep but the announced Downstream and exploration plans whilst...

First 43 Last

Share
Profile

Follow
manny100

5,605 Posts.

2460

03/07/23

14:36

Post #: 68590846
Share

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

Expand

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
12 Upvote

1 Great analysis

Reply

Top Stories

COD

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

ZNC

Zenith's sale of Develin Creek delivers $975K cash, with shares up 13%

HAS

Hastings progressing Yangibana to production with lower costs

ACW

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

The iron ore comeback: Can it last?

There are more pages in this discussion • 2 more messages in this thread...

First 43 Last

Add LLL (ASX) to my watchlist