LLL 0.00% 50.5¢ leo lithium limited

Ann: Leo Lithium Secures A$106m Strategic Placement with Ganfeng, page-149

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
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  1. 3,072 Posts.
    lightbulb Created with Sketch. 3786
    correction - at 832m LLL is currently 43% of SYA and CXO

    infact the closest peer by resource side is Liontown

    You might remember them - Takeover offer valuing them closer to 6b!

    On this comparision lll trades at 13% of LTR
    https://hotcopper.com.au/data/attachments/5311/5311305-fe0b1aec21848f1cf5d9149039bbfc02.jpg

    yet we are Funded, in construction...

    https://hotcopper.com.au/data/attachments/5311/5311308-5f179a661fa562dcb5eb88bc3ef919e4.jpg

    Where are we? Does this announcement sound like "Institutional / strategic investment"?

    9x on offer here for the patient investor imo


 
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