Posts Tagged ‘LLL’
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 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…
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