LLL 0.00% 50.5¢ leo lithium limited

https://www.dailytelegraph.com.au/business/*/moneytalks-w...

  1. 605 Posts.
    lightbulb Created with Sketch. 3
    https://www.dailytelegraph.com.au/business/*/moneytalks-wilsons-sam-catalano-says-lithium-is-underowned-and-offers-three-gems-for-long-haul/news-story/7728998c2b079b2e39ae9bce2087a9a4?amp&nk=f7b2e43815d24b565d43adcf9c3b028f-1687473238

    Top picks Leo Lithium (ASX:LLL)A bargain at 56 cents when first nominated as a Wilsons’ top pick in early May, LLL remains the firm’s favourite at double that price – $1.12.Catalano said LLL’s recently inked share placement, mine expansion and processing deal with Chinese entity Ganfeng Lithium (LLL’s existing JV partner in the Goulamina asset in Africa) is a key marker in the evolution of the lithium market’s geopolitical outlook.He said that if all goes to plan, some of the JV’s increased offtake will be diverted to its new downstream lithium processing plant in Europe, the shipping time frame for which is seven days, compared with seven weeks from Western Australia, for example.LLL this week announced it had upgraded the MRE of Goulamina by an impressive 48.2 per cent, as it works on becoming one of the largest spodumene mining operations in the world.Wilsons has a 12-month target price of $1.75.

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