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50.5¢ leo lithium limited

Ann: Response to ASX Query Letter, page-32

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xfactor1

351 Posts.

741

18/07/24

07:14

Post #: 74803947
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Originally posted by manny100: ↑

With beaten down lithium stocks, LLL could easily become a lithium investment company and buy stakes in already developed revenue earnings or close to earning companies as passive and/or investors.
Benefit of low price timing.
Their experience should get them into the best companies.
They would get the benefit of cap gains and dividends. Perhaps a bit of trading.
No chance of that though.

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Agree with you, but I don't believe they have strong commercial expertise at the moment. If they go down that path, I assume they will be relying heavily upon corporate advisors

LLL Price at posting: 50.5¢ Sentiment: None Disclosure: Held
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0 Great analysis

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