LLL 0.00% 50.5¢ leo lithium limited

We lost control when we went from 50% to 55% in the JV. This...

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    We lost control when we went from 50% to 55% in the JV. This transaction does not change the control dynamics in any way.

    So at the end of it, the use of funds will be key. If it is being used to fund cost increases, then it does not add to our future revenue potential. LLL should be profitable at current and lower prices but if these funds are just contingency balances in the case of protracted low prices and that doesn't come to fruition, the funds could potentially be used to purchase other lithium assets, and there are many that are very cheap right now.
 
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