LLL 0.00% 50.5¢ leo lithium limited

Leo the Li-on

  1. 302 Posts.
    lightbulb Created with Sketch. 26
    Leo Lithium Limited (LLL) would have to be the most undervalued lithium stock in the world currently at 0.54, just have a read of Canaccord Genuity's recent article....
    https://hotcopper.com.au/data/attachments/4600/4600588-94a08e86459a0210a37dc189f80778dc.jpg
    A number of posters have done substantial analysis of the metrics for this company, coming up with a near term value of 17-33x current share price. In addition the appointment of Simon Hay (ex Galaxy Resources) as CEO only underscores the potential for this third largest hard rock, high grade lithium deposit in the world -coupled with the fact that construction of plant is already underway for commencement of production in 2024. Ganfeng are constructing the plant and have quaranteed purchase of all stage 1 product.
 
watchlist Created with Sketch. Add LLL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.