LLI 11.1% 15.0¢ loyal lithium limited

Ann: Transformational Acquisition of Advanced Lithium Project, page-75

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 4,872 Posts.
    lightbulb Created with Sketch. 5649
    Ok. Because comparing to one acquisition looks like we are paying x4 too much & comparing to the other it looks like we are underpaying by over 90%.

    I don't think Hidden Lake is worth AUD $150M+ EV similar to Li-FT. Possibly $5M or so max. If it came with 10Mt JORC then yes.



 
watchlist Created with Sketch. Add LLI (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.