LLL 0.00% 50.5¢ leo lithium limited

Ann: Resource Drilling Reveals Thick, High Grade Spodumene, page-169

  1. 34,304 Posts.
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    Well done!
    I concur Leo should disconnect from FFX tie.
    Majority of shareholders are holding FFX as a result of the spin out. This might be one of the main reasons dragging share price unfortunately due to loss of confidence on “parent company”.

    A11, another African explorer, with a smaller lithium project (50% JV with another ASX peer), but currently valued at $550m.

    LLL, much larger resource (45% ownership, partnered with China’s largest lithium compound producer), fully funded to production and already started construction, but is only valued at $766m.

    BTW, it’s good to see FFX is ditching their gold project, although no good for local workers but good for FFX shareholders.

    All imo.
 
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