LLL 0.00% 50.5¢ leo lithium limited

Ann: MoU Signed with Mali Gov & Sale of Entire Project to Ganfeng, page-560

  1. 8,072 Posts.
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    The disgrace to the human race gene is alive and well with that one Dazalim.

    LLL has performed on par with LTR.

    LTR is entering into DEBT LADEN COMMISSIONING capitalising the debt.

    Friday announcement another classic. Everyone gets excited about spending a shit load of money using debt that is being capitalised in the morning, then run for the hills in the afternoon.

    Potentially $590m in debt Oct 2025 with a bullet payment. Jesus H Christ

    i bet most LTR holders cant even be arsed to read the half year accounts. $4m or $15 per t of year 1 was spent on a financing deal that did not even proceed. Fees for a failed finance package. It is there in the interest section.

    Ask Chalice holders what they think about TG.

    Pumping non economical assets in WA is the current play.

    Don’t get me wrong, I think LTR is a good LT hold, just not sure going down the debt path with “higher interest for longer” flagged by the fed band no serious rise in Spod pricing flagged.

    PLS are selling spod SC6 $1000 T Dec delivery.

    Good luck underground mining at those prices and paying $200 t in debt.




    Last edited by GARETH78: 12/05/24
 
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