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50.5¢ leo lithium limited

Thanks for that. That is the type stuff I got the impression was...

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JasLit

125 Posts.

194

17/09/23

17:55

Post #: 69891690
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Originally posted by schueym99: ↑

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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Thanks for that. That is the type stuff I got the impression was being discussed. Sounds good and overall positive.

Would be keen on to know what is discussed in the 40 min video but I think that is not in French.

LLL Price at posting: 50.5¢ Sentiment: None Disclosure: Not Held
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