LEL 0.00% 39.0¢ lithium energy limited

Hello. I don't follow this company (but too bad i sold my shares...

  1. 2,109 Posts.
    lightbulb Created with Sketch. 115
    Hello. I don't follow this company (but too bad i sold my shares for a big loss) but the original prospectus says they were to pay US$6,590,000 for the asset, which might be around $9.5M, although the last balance sheet shows AUD$6M in acquisition costs therefore possibly the vendor was paid also in shares. The last balance sheet shows $21M in exploration costs. I don't know but say reduce by $4M to $6M for graphite. Possible total costs around $22M. Possible profit is $75M. Possible tax around $19M. Therefore possible sale proceeds of around $78M or 70 cents per share. These are only guesses.
    Last edited by GKeden: 01/05/24
 
watchlist Created with Sketch. Add LEL (ASX) to my watchlist
(20min delay)
Last
39.0¢
Change
0.000(0.00%)
Mkt cap ! $43.68M
Open High Low Value Volume
38.5¢ 40.0¢ 38.5¢ $21.21K 54.15K

Buyers (Bids)

No. Vol. Price($)
1 40997 39.0¢
 

Sellers (Offers)

Price($) Vol. No.
40.5¢ 14927 3
View Market Depth
Last trade - 11.58am 21/06/2024 (20 minute delay) ?
LEL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.