LLL
Director Trades
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Company News
Leo Lithium exits Goulamina project, sells remaining stake to Ganfeng for $520m
Leo Lithium (ASX: LLL) has agreed to sell its remaining 40% stake in the Goulamina lithium project in Mali to joint venture partner GFL International (Ganfeng) for $520 million. The sale was instigated in light of Leo’s financial capacity to fund the project’s remaining working capital requirements as well as challenging sovereign and in-country security […]
Gold outperforms as investors seek safe haven
It’s not a fair comparison, strictly speaking, because they are very different metals but over the past four weeks signs have emerged of what might be a significant change in the mining world’s pecking order with gold starting to outperform the speculator’s favourite, lithium. That trend could continue into next year as governments take their […]
Lithium bulls fight the bears
Optimists are tiptoeing back into the downtrodden lithium sector, perhaps egged on by the latest enthusiastic assessment of the outlook for the battery metal from Macquarie Bank, and despite the risk of being caught in a bull trap. Bears, as reported last week, have been mainly in charge of the market since late last year, […]