Posts Tagged ‘Leo Lithium’
What’s next for Leo Lithium (ASX:LLL)? Will it find another appealing project before its too late
After several years of developing the Goulamina project in Mali to a project worth almost US$3bn, Leo Lithium (ASX:LLL) was forced to part ways with it because the regime in Mali made it impossible to continue. The company currently sits in suspension and will remain so unless or until it can find a new project.…
Read MoreHere’s how to assess sovereign risk when investing and why it is so crucial
Blind Freddy could tell you assess sovereign risk when investing is one of the most important things to do. But too many investors don’t do it. The recent case studies of Leo Lithium (ASX:LLL) and Resolute Mining (ASX:RSG) depict it. Now you could just say don’t invest in countries where coups are almost a way…
Read MoreLeo Lithium (ASX:LLL) once had a lucrative project, only to be forced out by the Mali government
Investors were excited about Leo Lithium (ASX:LLL) until sovereign risk issues became a reality. Some investors, and even ourselves for some time, thought this was the best ASX lithium stock – at least as far as the risk versus reward balance was concerned. We liked the project’s compelling returns, that production was set to get…
Read MoreLeo Lithium (ASX:LLL)
Our investment strategy for Leo Lithium (ASX:LLL) Buy LLL up to $0.65. Our minimum target price for LLL is $0.85. Use a stop loss at $0.50. Leo Lithium investment case Leo Lithium is developing the Goulamina Lithium Mine in Mali, and is set to become West Africa’s first spodumene concentrate producer; The mine is…
Read MoreLeo Lithium (ASX:LLL) has a massive lithium project in Mali. Great interview with CEO Simon Hay
Leo Lithium (ASX:LLL) We talked with Leo Lithium (ASX:LLL) CEO Simon Hay about the company’s massive Goulamina Lithium Project in Mali, which is expected to ship its first 6% spodumene concentrate next year. We also talked about the relatively low capital cost of the project compared to the billions in upside, the early revenue…
Read MoreHere are the 5 best ASX lithium shares
Which companies are the best ASX lithium shares? Demand for lithium will likely skyrocket for the rest of this decade. There are varying estimates of just how much it will grow – one recent estimate made by developer alliance Li-Bridge tipped a 5-fold increase. But not all lithium shares will benefit equally. The harsh reality is…
Read MoreWhat happened to the Weebit Nano share price and lithium stocks? Investor Webinar 29 March 2023
In this Investor Webinar: – The lithium price has taken a big hit recently, but M&A activity in the sector is heating up. Here are 5 stocks you need to focus on. – What happened to the Weebit Nano share price (ASX:WBT) and what’s next now that it’s very well funded? See…
Read MoreResources Stocks Down Under 17 November 2022: Leo Lithium (ASX:LLL)
Leo Lithium (ASX:LLL): It’s not just any lithium play In this market, any lithium company is doing well. Investors have every right to be excited about the sector given the demand for battery metals that will continue to expand in the years ahead. But not every lithium company is in the position of Leo Lithium…
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