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50.5¢ leo lithium limited

Ann: Suspension from Quotation, page-262

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RandomDart

735 Posts.

139

20/09/23

11:15

Post #: 69932667
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Originally posted by contraindicator: ↑

I apologise if this has been mentioned but I'm thinking that the Malian govt is probably trying to smash down LLL share price so that their buy in price will be lower. This is possibly why they did the deal with Gangfeng for 5% of the project. It is the only real current indication of what the project is worth. The extra 25% should be at that price not based on LLL's share price.

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They arent buying LLL, its % of JV. LLL share price largely irrelevant.

LLL Price at posting: 50.5¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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