Hi Pier1,I get your point re 'adjusted prices' etc re inflation...

Hi Pier1,

I get your point re 'adjusted prices' etc re inflation , no company is immune to such things even Australian based lithium companies are going to be subjected to same. We have a very healthy bank balance with more funding arriving soon from Gangfeng which will boost our coffers even more. The thing is we are based in a low labour cost country, with a very low cost base for our product, partnered with Gangfeng who have proven expertise in lithium mining who will also bear half the costs of any increases going forward. So Leo will only have to fund half of any shortfall going forward, inflation is also expected to peak by years end if not already judging by latest data from the USA so we should see prices starting to drop off if that's the case. Leo is the second next cab off the rank after CXO, their share price is the best indicator of LEO's true worth going forward

All imo and DYOR
Regards
FINN.