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Ann: US$65m for 5% sale of Goulamina and Continued Suspension, page-195

  1. Red Baron
    4,104 Posts.
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    22/01/24
    10:53
    Post #: 71995156
    Not too many happy campers over at LTR after their financiers pulled the rug meaning they are no longer financed.

    Simon along with Ganfeng saw first hand the last lithium downturn. That is why IMO it was prudent to raise that US$65m enabling the project to go on unhindered and have some cash reserve. How important it is to be low cost, and with a partner we re only up for 40% of the costs.
    LLL Price at posting: 50.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 52  Upvote
    lightbulb Created with Sketch. 5  Great analysis
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