LLL 0.00% 50.5¢ leo lithium limited

Putting a few things into perspective though -1) Yes it sucks,...

  1. 1,032 Posts.
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    Putting a few things into perspective though -

    1) Yes it sucks, we could of sold at 1.20 -
    2) A few years ago this was at deaths door with MLL and was resurrected
    3) We are closer than ever to having an operational mine with no debt
    4) If Construction timeframes are on target and we are fully funded with the support of the government - this is positive
    5) LLL profits will be lower but at least all the uncertainty will be gone
    6) we wont have a higher share price until Q2 2024 basically

    Negative Curve balls:
    1) Spodumene price falls through the fall (unlikely) - AVZ mine wont come on line and LTR is probs next cab off the rank
    2) Delays to commissioning etc.

    Positive Curve balls'
    1) An agreement is reached with the interim government on a happy medium - i.e. Mining Code 23 is adopted but you get DSO and ta breaks or vice versa
    2) Keep in mind - even if it is via tax breaks and royalties we are still entitled to approx 187m per 5%


    Anyway - everything else on this forum will be just speculation, negativity and 'i told you so' so might turn off until another announcement actually drops.

    @LambSauce - heads up mate - i know FFX/LLL/RNU aren't in the best shape but hang in there.... you'll get your money back...
 
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