LLL 0.00% 50.5¢ leo lithium limited

Ann: Trading Halt, page-191

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  1. 1,730 Posts.
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    approx translation of the 3.26min video

    - they are happy enough with the progress of the works
    - fifth most important lithium operation in terms of quality and size
    - first operation in west Africa
    - employing 1312 people, 90 % from mali. Talks about local employment
    - very competent and experienced environmental team with more than 30 years experience. Looking at the best way to manage water, overburden etc
    - works are about 50% complete but says the end will be April 2023 ( assume 2024?)
    - production testing to determine production capacity to occur thereafter
    - project cost c US$318m
    - major part of investment still to occur with arrival of major equipment
    - the press are there so Leo can relay the benefits if the mine to the Mali people via this interview. Sounds like Leo have instigated the press being there.
    - there have been a number of rumours to allay in relation to a context that is difficult. ( Wagner etc I assume ) but the opportunity presents a way to Mali investment on the map









 
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