LLL 0.00% 50.5¢ leo lithium limited

Agree all round, the main two issues to me are, the royalty...

  1. 9,716 Posts.
    lightbulb Created with Sketch. 2928
    Agree all round, the main two issues to me are, the royalty stream and ATO. Surely NFW to sell it at anything even halfway to fair value, so we have to stick around in some capacity to pick up royalties and perhaps wait for it to be proven up and then sell it? Currently I’d be amazed at getting 30 cents on the dollar for it.

    the tax issues on returning money. I’d rather a capital return than a special divvie of the full amount - just sending half to the ATO if it’s a special divie - on top of Mali CGT …SFA left for me. If we relist with new project agree it’ll take ages for stampede to cease and value it at what’s fair. Rock and hard place atm
 
watchlist Created with Sketch. Add LLL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.