LLL 0.00% 50.5¢ leo lithium limited

Realistically, if the transaction doesn’t go through, we fall to...

  1. 1,242 Posts.
    lightbulb Created with Sketch. 1832
    https://hotcopper.com.au/data/attachments/6281/6281171-3a523d42261fd5247033511004efbfd9.jpg


    Realistically, if the transaction doesn’t go through, we fall to 26% ownership of Goulamina. Forget arbitration, the deal is 26% or sale of ownership.

    My entire thoughts about this relate to the gov relationship with LLL after the settlement payout. If this payment, and the removal of us as operators, is enough for them to be satisfied now that we are a silent partner… it changes things substantially.

    with the release of the increase tonnage… I’m curious as to how strongly the company back this deal… rough figures show LLL at 26% still with enough valuable meat on the bone in Goulamina… 26% at 1mtpa at such a low cost curve… I’m not sure a sale is in the best interest of shareholders . Thoughts?
 
watchlist Created with Sketch. Add LLL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.