LLL 0.00% 50.5¢ leo lithium limited

Petition to LET US TRADE, page-36

  1. 2,380 Posts.
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    Dont beat yourself up too much as all investors make mistakes!! I have lost count of the mistakes I have made but you keep learning and it is very very important NOT to ever repeat a previous mistake.

    I dont believe that you will loose your investment!!

    With such a good quality partner in Ganfeng and a very good, large , high grade resource LLL should do very well once the plant is up and running at name plate capacity. Hard to predict what the eventual Share Price will achieve but $1.50 seems to be probable assuming the selling price remains at historically high levels. Anywhere over US$1,000/t and we should be doing very well.

    I have a personal target of $1.50 but would consider derisking if it hits higher than $1.75/share.

    Great deposits normally win out in the end and we have every reason to believe our is a cracker!!

    Three biggest risks IMHO

    1. Mali Government behaviour
    2. Freight to the port (1,000kms)
    3. Building risk and ramp up delays

    I have no plans to sell until well into production. From memory I have about 400,000 shares so it could be a nice wealth earner if the SP reaches > $1.50

    Good luck to all investors

    Cheers W2
 
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