Hey ...LLL reached $1.27 today .....Awesome results wouldn't you say......lol
I believe you need too focus on the big Picture and Stop down ramping FFX shareholders.... IMO LLL has a very good chance in achieving a $4.00 Share Price by 23-June- 2024 ...a very good chance...you wait and see.
DYOR ....
And don't listen to people like WoodySpoon and his negative down ramping mates ... FFX has over $210 Million LLL shares a 17.9 % holding.
By the time FFX shareholders see 23- June- 2024 , LLL will have produced 500,000 to 800,000 tonnes of Spodumeme at an average grade of 1.45% Lithium concentrate at today's prices ( US$4,100/ Tonne for 6% spodumene ) , Which can realise a value for LLL of about US $2Billion to $ 3.2 Billion net revenue results, which gives FFX a 50% dividend of the net revenue made by LLL , which FFX holds a 17.9% interest in dividends to be paid to FFX Shareholders. Not to mention the Potential $4.00 Share Price for LLL shares.
DYOR...... it's going to be an exciting next 12 months for FFX shareholders...GLTALSH
256lith
FFX Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held