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50.5¢ leo lithium limited

And you make it sound so simple too! What makes you think...

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abu

6,499 Posts.

217

11/05/24

12:16

Post #: 73776450
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Originally posted by WoodySpoon: ↑

We definitely do not have the funds for all you mention unless we are buying a couple of cheap pure exploration plays....which I wouldn't be a fan of as it would mean Simon and co would soon be moving on. (Though that would certainly mean a much bigger capital return than I imagined). I'd rather we bought a proper shovel ready project - used our team, and our GF relationship to develop it. Between our project managers, and their supply chains and offtake readiness it would be shame not to utilize that to make money.

To that end I'd prefer the special dividend coming from tranche 2 and the 1.5% stream next year - maybe 2 cents per share, and using the money from tranche one and the balance of trance 2 to get into a new project and start developing it.

Who knows what's going to happen though....

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And you make it sound so simple too!

What makes you think GangFang wants to party? They've got Lithium coming out of their ears.

Blind leading the blind.

... Russian Roulette anyone?

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

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