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50.5¢ leo lithium limited

Are you assuming that the Mail Govt can direct their 10% of...

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koparoma

652 Posts.

199

07/06/23

16:53

Post #: 68179077
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Originally posted by WoodySpoon: ↑

Seems crazy we are going to add a whole CXO's worth of lithium ($2 billion MC) to LLL's resource this month.
And Danaya is going to add another CXO's worth to it before the end of the year.

Yet our MC is half theirs.

And we ought to be pumping out 500,000 tons of 6% spod starting 12 months from now, 'our share' 225,000 tons Vs their 160,000 ton.

And we are en-route to 1,000,000 tons of 6% in 24 months, our share 450,000 ton.

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Are you assuming that the Mail Govt can direct their 10% of production? Or will they just get a 10% economic interest - after the JV partners direct the production?

LLL Price at posting: 91.0¢ Sentiment: Buy Disclosure: Held
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