Posts Tagged ‘Leo Lithium’
5 ASX stocks at risk of delisting in the next 6 months
A couple of weeks ago, a list of ASX stocks at risk of delisting was released on the market announcements platforms. The ASX has the right to remove stocks for breaking listing rules (such as failing to lodge the report) or if it is appropriate for some other reason. But it was rare to see…
Read MoreWhat’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 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…
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