This company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsLeo Lithium (LLL) 주식 개요Does not have significant operations. 자세히 보기LLL 펀더멘털 분석스노우플레이크 점수가치 평가2/6미래 성장6/6과거 실적0/6재무 건전성6/6배당0/6강점공정 가치 추정치보다 낮은 67.2% 에서 거래수익은 매년 54.81% 증가할 것으로 예상됩니다.위험 분석주식은 유동성이 매우 낮습니다의미 있는 수익이 없습니다(A$2M)모든 위험 점검 보기LLL Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueAU$Current PriceAU$0.511.7k% 고평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-12m77m2016201920222025202620282031Revenue AU$19.5mEarnings AU$2.6mAdvancedSet Fair ValueView all narrativesLeo Lithium Limited 경쟁사Metals XSymbol: ASX:MLXMarket cap: AU$1.6bMetalliumSymbol: ASX:MTMMarket cap: AU$383.2mGR Engineering ServicesSymbol: ASX:GNGMarket cap: AU$877.0m29MetalsSymbol: ASX:29MMarket cap: AU$463.8m가격 이력 및 성과Leo Lithium 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가AU$0.5152주 최고가AU$1.2952주 최저가AU$0.43베타01개월 변동0%3개월 변동2.02%1년 변동9.78%3년 변동n/a5년 변동n/aIPO 이후 변동-2.88%최근 뉴스 및 업데이트공시 • Mar 28Leo Lithium Limited, Annual General Meeting, May 28, 2025Leo Lithium Limited, Annual General Meeting, May 28, 2025.공시 • Feb 26+ 1 more updateRon Chamberlain Will Be Leaving as Chief Financial Officer of Leo Lithium Limited, Effective from 28 February 2025Leo Lithium Limited advised that Mr. Ron Chamberlain, the Company's Chief Financial Officer will be leaving the Company with effect from 28 February 2025. Given the transitional phase of the Company as it looks to acquire a new asset, the Company will not replace the CFO role at this time. This position will be revisited should the Company acquire a new asset.공시 • Jan 21+ 1 more updateLeo Lithium Limited Announces Special Dividend, Payable on January 31, 2025Leo Lithium Limited announced the Special dividend of AUD 0.15770000 per share. Record date is January 23, 2025. Ex date is January 22, 2025. Payment date is January 31, 2025.공시 • Nov 28GFL International Co., Ltd. completed the acquisition of remaining 40% stake in in Goulamina Lithium Project from Leo Lithium Limited (ASX:LLL) for $332.2 million.GFL International Co., Ltd. executed Binding Sale and Purchase Agreement to acquire remaining 40% stake in Goulamina Lithium Project from Leo Lithium Limited (ASX:LLL) for $342.7 million on May 6, 2024. The $342.7 million cash consideration payable by Ganfeng is structured as $10.5 million non-refundable deposit to be paid within 10 days of executing the sale and purchase agreement; $161.0 million payable on completion of the transaction following satisfaction of (or waiver) of conditions precedent (Tranche 1 Cash Consideration); $171.2 million payable on June 30, 2025 or an earlier date (Tranche 2 Cash Consideration). Interest of SOFR + 2% to accrue on the unpaid Tranche 2 Cash Consideration from the completion date until the Tranche 2 Cash Consideration is paid in full to Leo Lithium. There are no penalties for early repayment. Prior to the transaction, GFL International Co., Ltd. held 60%. Ganfeng to sole fund all remaining capital until first revenue. Ganfeng Lithium Group Co., Ltd's Board of Directors have approved the transaction, to use its own funds to acquire the remaining 40% equity in Mali Lithium B.V. from Leo Lithium Limited for $342.7 million. This transaction does not need to be submitted for approval by the company's shareholders' meeting. The transaction is subject to Leo Lithium's shareholders to vote on the transaction, receipt of regulatory approvals and satisfaction of conditions precedent to the transaction. Completion of the transaction is End October 2024. On June 14, 2024 The Mines Minister has conditionally approved the transaction, requiring the submission of transaction documents and payment of capital gains tax (CGT). Leo has already paid $7.6-million for CGT on a 5% sale finalized on May 6. Any additional CGT on the 40% sale will be paid in due course. As of July 25, 2024, Leo Lithium Limited updates on the pending approval by the Company's shareholders at the Annual General Meeting to be held on July 31, 2024 is a condition precedent to the Proposed Transaction. The Board of Leo Lithium continues to recommend shareholders VOTE IN FAVOUR of the Proposed Transaction. Following discussions with many shareholders, the Board has committed to increasing the amounts returned to shareholders. As of September 13, 2024, Chinese government approval remains the only outstanding condition precedent to the completion of the Proposed Sale. Currently anticipated to be completed in October 2024, following which the Proposed Sale will complete. Barrenjoey acted as financial adviser and Thomson Geer acted as legal adviser in relation to the sale of Leo Lithium’s interest in the Project to Ganfeng. GFL International Co., Ltd. completed the acquisition of remaining 40% stake in in Goulamina Lithium Project from Leo Lithium Limited (ASX:LLL) for $332.2 million on November 26, 2024. At Completion Leo Lithium is entitled to receive the Tranche 1 consideration of $161 million. The total amount of Mali capital gains tax payable on the sale is $44.7 million which will be deducted from the Tranche 1 consideration and paid directly to the Mali Government by Ganfeng. This amount of taxation is in line with the previous estimates detailed by Leo Lithium to the market. The Company anticipates receiving the net Tranche 1 payment of $116.3 million on 26 November 2024. A Tranche 2 payment of $171.2 million is payable by 30 June 2025 Interest will accrue on the unpaid Tranche 2 Consideration from Completion until the payment date at a rate of Secured Overnight Finance Rate +2%.All required Chinese Government approvals have now been received and, as a consequence, all conditions precedent to the MLBV Sale have been satisfied.공시 • Nov 27GFL International Co., Ltd. acquired remaining 40% stake in Mali Lithium BV from Leo Lithium Limited (ASX:LLL).GFL International Co., Ltd. agreed to acquire remaining 40% stake in Mali Lithium BV from Leo Lithium Limited (ASX:LLL) on November 25, 2024. At Completion Leo Lithium is entitled to receive the Tranche 1 consideration of $161 million. The total amount of Mali capital gains tax payable on the sale is $44.7 million which will be deducted from the Tranche 1 consideration and paid directly to the Mali Government by Ganfeng. This amount of taxation is in line with the previous estimates detailed by Leo Lithium to the market. The Company anticipates receiving the net Tranche 1 payment of $116.3 million on 26 November 2024. A Tranche 2 payment of $171.2 million is payable by 30 June 2025 Interest will accrue on the unpaid Tranche 2 Consideration from Completion until the payment date at a rate of Secured Overnight Finance Rate +2%. All required Chinese Government approvals have now been received and, as a consequence, all conditions precedent to the MLBV Sale have been satisfied. Completion of the MLBV Sale is scheduled to occur on 26 November 2024. GFL International Co., Ltd. completed the acquisition of remaining 40% stake in Mali Lithium BV from Leo Lithium Limited (ASX:LLL) on November 26, 2024.공시 • Jun 15Leo Lithium Limited, Annual General Meeting, Jul 31, 2024Leo Lithium Limited, Annual General Meeting, Jul 31, 2024.더 많은 업데이트 보기Recent updates공시 • Mar 28Leo Lithium Limited, Annual General Meeting, May 28, 2025Leo Lithium Limited, Annual General Meeting, May 28, 2025.공시 • Feb 26+ 1 more updateRon Chamberlain Will Be Leaving as Chief Financial Officer of Leo Lithium Limited, Effective from 28 February 2025Leo Lithium Limited advised that Mr. Ron Chamberlain, the Company's Chief Financial Officer will be leaving the Company with effect from 28 February 2025. Given the transitional phase of the Company as it looks to acquire a new asset, the Company will not replace the CFO role at this time. This position will be revisited should the Company acquire a new asset.공시 • Jan 21+ 1 more updateLeo Lithium Limited Announces Special Dividend, Payable on January 31, 2025Leo Lithium Limited announced the Special dividend of AUD 0.15770000 per share. Record date is January 23, 2025. Ex date is January 22, 2025. Payment date is January 31, 2025.공시 • Nov 28GFL International Co., Ltd. completed the acquisition of remaining 40% stake in in Goulamina Lithium Project from Leo Lithium Limited (ASX:LLL) for $332.2 million.GFL International Co., Ltd. executed Binding Sale and Purchase Agreement to acquire remaining 40% stake in Goulamina Lithium Project from Leo Lithium Limited (ASX:LLL) for $342.7 million on May 6, 2024. The $342.7 million cash consideration payable by Ganfeng is structured as $10.5 million non-refundable deposit to be paid within 10 days of executing the sale and purchase agreement; $161.0 million payable on completion of the transaction following satisfaction of (or waiver) of conditions precedent (Tranche 1 Cash Consideration); $171.2 million payable on June 30, 2025 or an earlier date (Tranche 2 Cash Consideration). Interest of SOFR + 2% to accrue on the unpaid Tranche 2 Cash Consideration from the completion date until the Tranche 2 Cash Consideration is paid in full to Leo Lithium. There are no penalties for early repayment. Prior to the transaction, GFL International Co., Ltd. held 60%. Ganfeng to sole fund all remaining capital until first revenue. Ganfeng Lithium Group Co., Ltd's Board of Directors have approved the transaction, to use its own funds to acquire the remaining 40% equity in Mali Lithium B.V. from Leo Lithium Limited for $342.7 million. This transaction does not need to be submitted for approval by the company's shareholders' meeting. The transaction is subject to Leo Lithium's shareholders to vote on the transaction, receipt of regulatory approvals and satisfaction of conditions precedent to the transaction. Completion of the transaction is End October 2024. On June 14, 2024 The Mines Minister has conditionally approved the transaction, requiring the submission of transaction documents and payment of capital gains tax (CGT). Leo has already paid $7.6-million for CGT on a 5% sale finalized on May 6. Any additional CGT on the 40% sale will be paid in due course. As of July 25, 2024, Leo Lithium Limited updates on the pending approval by the Company's shareholders at the Annual General Meeting to be held on July 31, 2024 is a condition precedent to the Proposed Transaction. The Board of Leo Lithium continues to recommend shareholders VOTE IN FAVOUR of the Proposed Transaction. Following discussions with many shareholders, the Board has committed to increasing the amounts returned to shareholders. As of September 13, 2024, Chinese government approval remains the only outstanding condition precedent to the completion of the Proposed Sale. Currently anticipated to be completed in October 2024, following which the Proposed Sale will complete. Barrenjoey acted as financial adviser and Thomson Geer acted as legal adviser in relation to the sale of Leo Lithium’s interest in the Project to Ganfeng. GFL International Co., Ltd. completed the acquisition of remaining 40% stake in in Goulamina Lithium Project from Leo Lithium Limited (ASX:LLL) for $332.2 million on November 26, 2024. At Completion Leo Lithium is entitled to receive the Tranche 1 consideration of $161 million. The total amount of Mali capital gains tax payable on the sale is $44.7 million which will be deducted from the Tranche 1 consideration and paid directly to the Mali Government by Ganfeng. This amount of taxation is in line with the previous estimates detailed by Leo Lithium to the market. The Company anticipates receiving the net Tranche 1 payment of $116.3 million on 26 November 2024. A Tranche 2 payment of $171.2 million is payable by 30 June 2025 Interest will accrue on the unpaid Tranche 2 Consideration from Completion until the payment date at a rate of Secured Overnight Finance Rate +2%.All required Chinese Government approvals have now been received and, as a consequence, all conditions precedent to the MLBV Sale have been satisfied.공시 • Nov 27GFL International Co., Ltd. acquired remaining 40% stake in Mali Lithium BV from Leo Lithium Limited (ASX:LLL).GFL International Co., Ltd. agreed to acquire remaining 40% stake in Mali Lithium BV from Leo Lithium Limited (ASX:LLL) on November 25, 2024. At Completion Leo Lithium is entitled to receive the Tranche 1 consideration of $161 million. The total amount of Mali capital gains tax payable on the sale is $44.7 million which will be deducted from the Tranche 1 consideration and paid directly to the Mali Government by Ganfeng. This amount of taxation is in line with the previous estimates detailed by Leo Lithium to the market. The Company anticipates receiving the net Tranche 1 payment of $116.3 million on 26 November 2024. A Tranche 2 payment of $171.2 million is payable by 30 June 2025 Interest will accrue on the unpaid Tranche 2 Consideration from Completion until the payment date at a rate of Secured Overnight Finance Rate +2%. All required Chinese Government approvals have now been received and, as a consequence, all conditions precedent to the MLBV Sale have been satisfied. Completion of the MLBV Sale is scheduled to occur on 26 November 2024. GFL International Co., Ltd. completed the acquisition of remaining 40% stake in Mali Lithium BV from Leo Lithium Limited (ASX:LLL) on November 26, 2024.공시 • Jun 15Leo Lithium Limited, Annual General Meeting, Jul 31, 2024Leo Lithium Limited, Annual General Meeting, Jul 31, 2024.공시 • May 09GFL International Co., Ltd. Executed Binding Sale and Purchase Agreement to acquire remaining 40% stake in Goulamina Lithium Project from Leo Lithium Limited (ASX:LLL) for $342.7 million.GFL International Co., Ltd. Executed Binding Sale and Purchase Agreement to acquire remaining 40% stake in Goulamina Lithium Project from Leo Lithium Limited (ASX:LLL) for $342.7 million on May 8, 2024. The $342.7 million cash consideration payable by Ganfeng is structured as $10.5 million non-refundable deposit to be paid within 10 days of executing the sale and purchase agreement; $161.0 million payable on completion of the transaction following satisfaction of (or waiver) of conditions precedent (Tranche 1 Cash Consideration); $171.2 million payable on June 30, 2025 or an earlier date (Tranche 2 Cash Consideration). Interest of SOFR + 2% to accrue on the unpaid Tranche 2 Cash Consideration from the completion date until the Tranche 2 Cash Consideration is paid in full to Leo Lithium. There are no penalties for early repayment. Prior to the transaction, GFL International Co., Ltd. held 60%. Ganfeng to sole fund all remaining capital until first revenue. The transaction is subject to Leo Lithium's shareholders to vote on the transaction, receipt of regulatory approvals and satisfaction of conditions precedent to the transaction. Completion of the transaction is End October 2024. Barrenjoey acted as financial adviser and Thomson Geer acted as legal adviser in relation to the sale of Leo Lithium’s interest in the Project to Ganfeng.공시 • Mar 18+ 3 more updatesLeo Lithium Limited(ASX:LLL) dropped from S&P Global BMI IndexLeo Lithium Limited(ASX:LLL) dropped from S&P Global BMI Index공시 • Jan 18Ganfeng Lithium's Unit to Buy Up to 5% Stake in Mali LithiumGanfeng Lithium Group Co., Ltd. (SZSE:002460) said unit plans to buy up to 5% stake in Mali Lithium from Leo Lithium Limited (ASX:LLL) for up to $65 million.공시 • Oct 30Leo Lithium Limited Announces Resignation of Leo Lithium as Joint Company SecretaryLeo Lithium Limited announced that Mr. Nathan Bartrop has resigned as Joint Company Secretary of the company. Mr. Bartrop will continue to assist the Company in relation to various company secretarial and corporate governance projects. Mr. Ron Chamberlain will remain as Company Secretary of the Company.Buying Opportunity • Sep 07Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 36%. The fair value is estimated to be AU$0.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 71% per annum. Earnings is also forecast to grow by 32% per annum over the same time period.Major Estimate Revision • Sep 05Consensus revenue estimates fall by 67%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from AU$4.12m to AU$1.37m. Forecast losses increased from -AU$0.0055 to -AU$0.008 per share. Metals and Mining industry in Australia expected to see average net income growth of 11% next year. Consensus price target down from AU$1.72 to AU$1.53. Share price fell 47% to AU$0.60 over the past week.분석 기사 • Sep 04Leo Lithium Limited (ASX:LLL) Shares Could Be 33% Below Their Intrinsic Value EstimateKey Insights Using the 2 Stage Free Cash Flow to Equity, Leo Lithium fair value estimate is AU$0.84 Leo Lithium is...Price Target Changed • Sep 04Price target decreased by 11% to AU$1.53Down from AU$1.71, the current price target is an average from 6 analysts. New target price is 172% above last closing price of AU$0.56. The company is forecast to post a net loss per share of AU$0.0055 compared to earnings per share of AU$0.064 last year.Board Change • Sep 04High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director Brendan Borg is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Major Estimate Revision • Jul 29Consensus EPS estimates fall by 13%The consensus outlook for fiscal year 2023 has been updated. 2023 expected loss increased from -AU$0.0059 to -AU$0.0066 per share. Revenue forecast of AU$4.16m unchanged since last update. Metals and Mining industry in Australia expected to see average net income decline 2.0% next year. Consensus price target of AU$1.71 unchanged from last update. Share price was steady at AU$1.14 over the past week.Major Estimate Revision • Jul 15Consensus revenue estimates increase by 144%The consensus outlook for revenues in fiscal year 2023 has improved. 2023 revenue forecast increased from AU$1.71m to AU$4.16m. Forecast losses expected to reduce from -AU$0.0067 to -AU$0.0059 per share. Metals and Mining industry in Australia expected to see average net income growth of 2.2% next year. Consensus price target of AU$1.72 unchanged from last update. Share price rose 5.3% to AU$1.19 over the past week.Major Estimate Revision • Jul 07Consensus revenue estimates increase by 151%The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from AU$1.66m to AU$4.17m. EPS estimate unchanged from -AU$0.0059 at last update. Metals and Mining industry in Australia expected to see average net income growth of 2.2% next year. Consensus price target of AU$1.79 unchanged from last update. Share price rose 5.1% to AU$1.13 over the past week.Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improves as stock rises 16%After last week's 16% share price gain to AU$1.16, the stock trades at a trailing P/E ratio of 21x. Average forward P/E is 10x in the Metals and Mining industry in Australia. Total returns to shareholders of 139% over the past year.Major Estimate Revision • Jul 01Consensus EPS estimates upgraded to AU$0.0035 lossThe consensus outlook for fiscal year 2023 has been updated. 2023 losses forecast to reduce from -AU$0.0042 to -AU$0.0035 per share. Revenue forecast unchanged from AU$1.66m at last update. Metals and Mining industry in Australia expected to see average net income growth of 2.2% next year. Consensus price target of AU$1.79 unchanged from last update. Share price fell 6.1% to AU$1.07 over the past week.New Risk • Jun 29New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: AU$2.2m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. This is currently the only risk that has been identified for the company.Recent Insider Transactions • Jun 29Independent Non-Executive Director recently sold AU$2.2m worth of stockOn the 28th of June, Brendan Borg sold around 2m shares on-market at roughly AU$1.07 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of AU$2.6m more than they bought in the last 12 months.Major Estimate Revision • Jun 21Consensus revenue estimates decrease by 10%The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from AU$1.85m to AU$1.66m. EPS estimate unchanged from -AU$0.0042 per share at last update. Metals and Mining industry in Australia expected to see average net income decline 0.2% next year. Consensus price target up from AU$1.71 to AU$1.78. Share price rose 16% to AU$1.12 over the past week.Valuation Update With 7 Day Price Move • Jun 16Investor sentiment improves as stock rises 17%After last week's 17% share price gain to AU$1.05, the stock trades at a trailing P/E ratio of 18.9x. Average forward P/E is 10x in the Metals and Mining industry in Australia. Simply Wall St's valuation model estimates the intrinsic value at AU$0.80 per share.분석 기사 • Jun 01Calculating The Intrinsic Value Of Leo Lithium Limited (ASX:LLL)Key Insights The projected fair value for Leo Lithium is AU$0.76 based on 2 Stage Free Cash Flow to Equity Current...Major Estimate Revision • May 31Consensus EPS estimates upgraded to AU$0.0027 lossThe consensus outlook for fiscal year 2023 has been updated. 2023 losses forecast to reduce from -AU$0.0034 to -AU$0.0027 per share. Revenue forecast unchanged from AU$2.46m at last update. Metals and Mining industry in Australia expected to see average net income growth of 2.2% next year. Consensus price target up from AU$1.53 to AU$1.71. Share price rose 12% to AU$0.89 over the past week.공시 • May 29Leo Lithium Limited announced that it expects to receive AUD 106.11 million in funding from Gfl International Co.,LimitiedLeo Lithium Limited announced that it has entered into a subscription agreement to issue 131 million new fully paid ordinary shares at a price of AUD 0.81 per share for the gross proceeds of AUD 106.11 million on May 19, 2023. The transaction will include participation from new investor Gfl International Co.,Limitied for 9.9% stake. The shares are restricted. The transaction is subject to granting of regulatory approvals.Recent Insider Transactions • Apr 01Non-Executive Director recently bought AU$51k worth of stockOn the 30th of March, Alan Rule bought around 100k shares on-market at roughly AU$0.50 per share. This transaction amounted to 95% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold AU$268k more in shares than they bought in the last 12 months.공시 • Feb 17Leo Lithium Limited Announces Key Construction Milestones At the Goulamina Lithium Project in MaliLeo Lithium Limited announced key construction milestones at the Goulamina Lithium Project (Goulamina or the Project) in Mali. Goulamina is a Joint Venture between Leo Lithium (50%) and Ganfeng Lithium Group (50%) (Goulamina JV). The Goulamina JV has successfully poured first concrete in the primary crushing area of the Project, with the ball mill area foundations also ready for concreting in the coming days. In conjunction, manufacturing of the ball mill and other crucial crushing equipment, such as the cone crusher and jaw crusher, has been successfully completed and is undergoing final factory inspection tests before the equipment is readied for transport to site. Final trim earthworks in the plant area are underway and this enables concrete preparation and installation to proceed, while significant mobile equipment resources are applied to continue work on the TSF, in line with the plan. With supply items such as structural steel and permanent accommodation units now ready to be transported to site, later this half, Leo Lithium will be focused on the installation of the ball mill, the cone and jaw crushers, as well as the supply and installation of plant and electrical services. Design works of the overland water piping package from Sélingué Dam (which will provide site process water) continues to progress, with installation works set to commence later this quarter.Board Change • Jan 24High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director Brendan Borg is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.공시 • Jan 17Leo Lithium Limited Announces Goulamina Resource Increased by 33.8 Mt to 142.3 MtLeo Lithium Limited announce a substantial upgrade to the Mineral Resource estimate (MRE) of its Goulamina Lithium Project (Goulamina or the Project). A resource definition drilling campaign was undertaken in H2 2022 on pegmatite dykes in the south-west of the Goulamina Lithium Project, part of the Danaya Domain (Danaya). The recently completed assessment of drilling results and the updated MRE for Danaya has increased the Danaya MRE by 152%, from 22.3 Mt to 56.1 Mt and the total Goulamina resource base by 31% from 108.5 Mt at 1.45 % Li2O to 142.3 Mt @ 1.38% Li2O. Goulamina Lithium Project Mineral Resources: The updated Mineral Resource for the Danaya Domain incorporates all historical data and recent drilling data completed by Leo Lithium between May and October 2022. The Danaya Domain is the only domain updated in this MRE. There are no changes to the NE Domains; Main, West 1, West 2, Sangar 1 and Sangar 2. Danaya: During the 2022 resource definition drilling campaign, Leo Lithium drilled 60 reverse circulation (RC) holes (including 6 Pre-Collar RC holes) for a total of 9,292 m and 17 Diamond (DD) holes (including 6 diamond tails) for a total of 3,428 m. Significant intersections have been reported in ASX announcements dated: 3 November 2022 (Resource Drilling Reveals Thick, High Grade Spodumene Intercepts); 14 December 2022 (Further High-Grade Drilling Results at Danaya). Since the last published MRE on 20 July 2020, the Danaya Mineral Resource has increased by 152% to 56.1 Mt @ 1.24% Li2O. The Indicated resource classification at Danaya increased by 213% to 24.4 Mt @ 1.34% Li2O. Danaya diamond core assay results are still pending and are therefore not included in this MRE, although diamond core geological and structural information was used to assist in defining the pegmatite solids. Assay results will be reported once received and reviewed. Future drilling will focus on further resource extensions below and along strike of the optimised RPEEE pit shell as well as increasing the confidence level by converting Inferred to Indicated material within the pit shell. At Danaya, infill drilling and resource extension drilling has resulted in a re-interpretation of the Danaya geology. The structural and geological information from the drilling campaign has been used to update the geological model which builds the framework for this resource update. The Danaya Domain consists of a Spodumene Pegmatite dyke swarm, which is striking North- Northwest and is moderately to steeply dipping to the East. The dykes are currently modelled to a strike length of 1700m with individual true dyke widths of up to 70 m. The pegmatites are characterised by typical pinching and swelling. Weathered oxidised material in the Danaya domain is excluded from the resource. Only material below the TOFR surface is reported as part of the MRE. Mineral Tenement: The Goulamina Project is entirely within the Torakoro Exploitation Permit PE 19/25 in Mali, PE 19/25 is 100% held by Lithium du Mali a 50-50 joint venture between Leo Lithium and Ganfeng Lithium. Geology: The Project area is located within the Bougouni region of Southern Mali, where broadly North- South trending belts of Birimian aged (Paleoproterozoic) meta-volcanic and meta-sedimentary rocks are intruded by syn-and post-orogenic granitoids. Within the Project area, outcrop is limited, and the understanding of basement geology therefore comes mainly from drillholes. Regolith typically comprises a surficial transported horizon overlying a laterite weathering profile. A prominent feature of the Lateritic Profile is a plateau of a hard iron-rich ferricrete (‘cuirasse’). Limited outcrop mapping and information from geological logging of exploration drillholes indicates Northeast striking metapelite and metagreywacke rocks in the North and Eastern parts of the property. The Goulamina Pegmatite deposit is entirely hosted within a granodiorite. The most abundant dyke facies within the Danaya Domain consists of a relatively homogenous coarse spodumene pegmatite which makes up approximately 85% of the Danaya dyke swarm. Crystal sizes range from few centimetres to up to 10 cm. The remaining 15% of the Danaya dyke swarm is composed of a fine-grained aplite which is often mineralised but can also be barren. Aplite distribution within the Danaya Domain is not predictable and therefore not domained separately. The Lithium-bearing pyroxene mineral spodumene is the only recognised lithium mineral, along with other major minerals of quartz and feldspar (albite and microcline). Geological logging also identified accessory amounts of muscovite, tourmaline, apatite and biotite. Drilling Techniques and Hole Spacing: Danaya holes were drilled in several contiguous phases, from October 2017 to December 2022. Drill holes were generally dipping -60 degrees, oriented due west, to intercept the steeply dipping pegmatite dykes at a high angle. RC drilling was completed by AMCO Drilling SARL (AMCO), and Capital Drilling (MALI) SARL (Capital), using nominally 5.5-inch diameter equipment, with a face sampling downhole hammer. Core drilling equipment at Danaya was supplied and operated by AMCO and Capital. Drillhole diameter ranges from PQ size within highly weathered and oxidized zone and standard HQ size diameter within fresh rock. Diamond holes were drilled from surface or as diamond tails on RC holes. Core was orientated down hole so that structural measurements could be taken. Diamond Core drilled by Capital drilling in the 2022 campaign was not assayed in time to be included in the Danaya MRE, although the geological and structural information was used to define the pegmatite solids. Drill holes for the resource programs are spaced approximately 30 to 50 metres apart on 25 m, 50 m or 100 m spaced sections. The spacing is sufficient to establish grade and geological continuity and is appropriate for the resource classifications applied. Sampling Techniques Samples were collected from RC drilling and submitted for assay. Samples submitted to the laboratory typically weighed 2-2.5 kg over an average 1 m interval. Samples were subsampled by a riffle splitter at the drill rig. Diamond drill core was collected directly into core trays. The drill core was then transported to the core processing facility where the core was marked up by metre marks and bottom orientation line. Core was cut longitudinally along a cut line next to the core orientation line. Half core without orientation line was collected on a metre basis where possible, sample lengths at contacts varied in length. Pegmatites along with at least two metres of granitic material either side of the pegmatite contact are sampled and prepared for assay. Granitic material distal to the pegmatites is not sampled and is treated as having an assay of 0 % Li2O.Board Change • Dec 31High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director Brendan Borg is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.공시 • Dec 30Leo Lithium Limited Appoints Alan Rule as Non-Executive Director, Effective 1 January 2023Leo Lithium Limited announced the appointment of experienced mining executive, Mr. Alan Rule as Non-Executive Director, effective 1 January 2023. Mr. Rule has more than 25 years' experience as the CFO of ASX listed mining companies with operations and projects in Australia, Africa, North and South America across several commodities, including lithium. He has considerable experience in international debt and equity financing of mining projects, implementation of accounting controls and systems, risk management, governance, and regulatory requirements in mining companies. In addition, he has wide ranging experience in mergers and acquisitions within the mining industry. Mr. Rule was CFO at Galaxy Resources Limited from 2017 until it was taken over in 2021. His previous positions included CFO of Sundance Resources Limited, Paladin Energy Limited, Mount Gibson Limited and St Barbara Mines Limited. He is a Chartered Accountant (Fellow) and holds Bachelor of Commerce and Bachelor of Accounting degrees. He has also been a Non-Executive Director of listed companies since 2016 and is currently a Non- Executive Director of Yellow Cake plc, an AIM listed company and Ora Banda Mining Limited, an ASX listed gold company. Pursuant to the Company's constitution, Mr. Rule will hold office as a Director until the next annual general meeting, where he will be required to seek election.공시 • Dec 15Leo Lithium Limited Provides Further Results from the Goulamina Lithium ProjectLeo Lithium Limited provided further results from the Goulamina Lithium Project (Goulamina or the Project) resource drilling program, following completion of planned drilling at the Danaya Domain (Danaya). The 2022 Resource Drilling Program at Danaya has the main objective of increasing the confidence level in this part of the orebody and converting a significant amount of Inferred Resource into the Indicated Resource category. Additional objectives are increasing the overall resource base at Danaya and maintaining the current 23-year mine life at higher production rates. The Danaya drilling program is now complete and as of 10 December, 99% of RC assay results have been received (3112 assays from a total of 3152 samples). Diamond core has been geologically logged and information is being used in the updated Danaya geological model. The previously announced2 Danaya resource drilling program is targeted to maintain the current 23-year mine life at higher production rates. The planned drilling program included 65 holes (54 reverse circulation (RC) and 11 diamond (DD) holes, targeted at converting the Inferred Mineral Resources at Danaya to Indicated Mineral Resources. A second objective is to extend drilling at depth, targeting continuation of open mineralisation from previous drilling. Drilling at Danaya commenced in March 2022 and the current program is now complete. Fifty-five reverse circulation (RC) holes (8,989 metres) and 11 Diamond holes (2,239 metres) as well as 6 RC holes with diamond tails (1,189 metres) have been completed at Danaya. The drilling program has infilled previous drilling to a nominal section spacing of 50 metres (previous nominal spacing was in the range of 100 metres in parts). As previously reported, drilling has successfully identified multiple north-south striking spodumene pegmatite dykes at Danaya. New section through 1254150m N that includes three of the drill holes reported here. Mineralisation at Danaya is open at depth and along strike and extensions will be targeted in future drilling campaigns. The structural and geological information from the drilling campaign has been used to update the geological model which builds the framework for the new resource update for Danaya.공시 • Dec 14Leo Lithium Limited Appoints Tim Richards as Chief Operating OfficerLeo Lithium Limited announced the appointment of senior mining executive Tim Richards as Chief Operating Officer (COO), as the company brings the Goulamina Lithium Project into operations over the next 18 months. Tim is a mining engineer with an MBA from the University of Oxford. He brings over twenty years of mining experience to Leo, across the full range of asset development and operations including scoping and feasibility studies, site technical services, operations and mine management. Tim has significant experience in West Africa, having worked for seven years across multiple projects in Ghana and Mauritania as well as in South Africa. Tim was involved in the development of new and existing underground and open pit operations for Kinross Gold in Ghana and Mauritania, and oversaw the successful expansion of mining operations at the Tasiast Gold Mine, including a 500% increase in mine output during his tenure. Tim has also successfully managed remote operations in PNG and Europe. Notably, Tim was instrumental in the successful operational and financial turnaround of St Barbara's Simberi Gold operation in PNG. Tim has resigned from his current role as CEO of Geopacific Resources Ltd. and will commence with Leo in late January 2023. Initially he will focus on developing the operations team, operational readiness and firming up plans for producing direct shipped ore (DSO) in 2023.공시 • Nov 29+ 1 more updateLeo Lithium Limited Announces CFO ChangesLeo Lithium Limited announced the appointment of Ron Chamberlain as Chief Financial Officer (CFO). Ron is a seasoned Perth based ASX 100 and 200 resources-based CFO and Company Secretary. He has extensive offshore experience including the US, Africa (South Africa, Namibia, Malawi) in both operating and project environments. He has a strong background in finance including tax, treasury, risk, legal and regulatory reporting and compliance in an international environment. Ron has experience in off market commodities including uranium and lithium, having worked for two years most recently, as CFO and Company Secretary for Peninsula Energy. Ron spent three years with Vimy Resources and four years at Paladin Energy as CFO. Prior to Paladin Ron was VP Finance, US Operations at Iluka Resources. The appointment follows the resignation of Joe Belladonna who has decided to step down from the role due to some recent non work-related personal issues. Joe will finish at the end of November and Ron will commence in early 2023. The Company will put in place additional financial resources in the interim.공시 • Nov 15Leo Lithium Limited Announces Resignation of Mark Hepburn as Non-Executive DirectorNon-Executive Director of Leo Lithium Limited, Mr. Mark Hepburn has tendered his resignation from the Board of the Company, effective November 15, 2022. The company has commenced a search for an additional independent non-executive director.공시 • Nov 04Leo Lithium Limited Resource Drilling Reveals Thick, High Grade SpodumeneLeo Lithium Limited provided a progress update on results from the Goulamina Lithium Project (Goulamina or the Project) resource drilling program, following completion of planned drilling at the Danaya Domain (Danaya). The 2022 Resource Drilling Program at Danaya has the main objective to increase the confidence level in this part of the orebody and convert a significant amount of inferred resource into the indicated resource category. An additional objective is the increase of the overall resource base at Danaya. As of 28 October, 77% of RC assay results have been received (2426 assays from a total of 3152 samples). Diamond core is being processed and results will be announced as soon as they become available and have been reviewed. The previously announced2 Danaya resource drilling program is targeted to maintain the current 23-year mine life at higher production rates. The planned drilling program included 65 holes (54 reverse circulation (RC) and 11 diamond (DD) holes, targeted at converting the Inferred Mineral Resources at Danaya to Indicated Mineral Resources. A second objective is to extend drilling at depth, targeting continuation of open mineralisation from previous drilling. Drilling at Danaya commenced in March 2022. Interim Results: Fifty-four reverse circulation (RC) holes (8,869 metres) and 11 Diamond holes (2,236 metres) as well as 6 RC holes with diamond tails (1,189 metres) have been completed at Danaya. The drilling program has infilled previous drilling to a nominal section spacing of 50 metres (previous nominal spacing was in the range of 100 metres in parts). Drilling has successfully identified multiple north-south striking spodumene pegmatites at Danaya. Most holes intersected multiple spodumene pegmatites, notably GMRC527, which included significant intercepts of 44 m @ 1.2% Li2O (from 60 m), 64 m @ 1.76% Li2O (from 111 m) and 62 m @ 1.32% Li2O (from 200 m). The majority (approximately 70 percent) of the observed spodumene pegmatite mineralisation within the Danaya Domain is coarse to very coarse grained. The remaining 30 percent is medium to fine grained. Figure 2 shows typical coarse grained spodumene pegmatite from GMDD014 (210.4 m - 217 m) The structural and geological information from the drilling campaign is being used to update the geological model to build the framework for the new resource update for Danaya. The measured orientation of pegmatite contacts in diamond drill core suggests an apparent shallowing of dip to the south.공시 • Nov 01Leo Lithium Limited Appoints Rick Crabb as DirectorLeo Lithium Limited appointed Rick Crabb as director. Date of appointment is 1 November 2022.Recent Insider Transactions • Sep 22Non-Executive Chairman recently sold AU$845k worth of stockOn the 20th of September, Alistair Cowden sold around 1m shares on-market at roughly AU$0.74 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Alistair's only on-market trade for the last 12 months.Recent Insider Transactions • Aug 26Independent Non-Executive Director recently bought AU$53k worth of stockOn the 24th of August, Brendan Borg bought around 100k shares on-market at roughly AU$0.53 per share. In the last 3 months, they made an even bigger purchase worth AU$137k. Insiders have collectively bought AU$327k more in shares than they have sold in the last 12 months.공시 • Jul 19+ 1 more updateLeo Lithium Limited Appoints Joe Belladonna as Joint Company Secretary, Effective 1 August 2022Leo Lithium Limited announced the appointment of Joe Belladonna as Joint Company Secretary effective from 1 August 2022. Joe is a respected and highly experienced CFO, with more than 20 years' experience in the prudent financial and commercial management of listed mining companies. Prior to joining Leo Lithium, Joe was CFO and Company Secretary of Western Areas Ltd. During his 16+ years at Western Areas, Joe built a high performing accounting and finance function and established the internal control and reporting environment of the group as it discovered, developed and commissioned multiple nickel sulphide mines and processing plants. Joe was responsible for all capital raising and convertible bonds offerings of the group. Joe has in-depth knowledge and developed relationships with both local and international offtake customers, participating and leading commercial negotiations with metal buyers and smelter operators. He was a trusted advisor to the Board being responsible for the strategic finance, treasury, risk and governance areas for Western Areas, including being a key team member in business development activities and negotiations, culminating in the AUD 1.2 billion takeover by battery metals miner IGO Ltd. in June 2022. Joe is a Certified Practicing Accountant and holds a Bachelor of Business (Accounting & Information Systems) from Edith Cowan University. Current Company Secretary, Nathan Bartrop, will remain with the Company as Joint Company Secretary.Board Change • Jul 14Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Brendan Borg was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Jun 24+ 2 more updatesLeo Lithium Limited has completed an IPO in the amount of AUD 100.045523 million.Leo Lithium Limited has completed an IPO in the amount of AUD 100.045523 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 142,922,175 Price\Range: AUD 0.7Board Change • Jun 24Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.주주 수익률LLLAU Metals and MiningAU 시장7D0%-1.7%0.08%1Y9.8%54.5%3.1%전체 주주 수익률 보기수익률 대 산업: LLL은 지난 1년 동안 54.5%의 수익을 기록한 Australian Metals and Mining 산업보다 더 좋은 성과를 냈습니다.수익률 대 시장: LLL은 지난 1년 동안 3.1%의 수익을 기록한 Australian 시장과 동일한 성과를 보였습니다.주가 변동성Is LLL's price volatile compared to industry and market?LLL volatilityLLL Average Weekly Movementn/aMetals and Mining Industry Average Movement12.1%Market Average Movement10.5%10% most volatile stocks in AU Market17.5%10% least volatile stocks in AU Market4.3%안정적인 주가: LLL는 지난 3개월 동안 Australian 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: Insufficient data to determine LLL의 변동성 변화를 판단할 수 없습니다.회사 소개설립직원 수CEO웹사이트2020n/aSimon Hayleolithium.com더 보기Leo Lithium Limited 기초 지표 요약Leo Lithium의 순이익과 매출은 시가총액과 어떻게 비교됩니까?LLL 기초 통계시가총액AU$605.08m순이익 (TTM)-AU$9.11m매출 (TTM)AU$2.34m258.6x주가매출비율(P/S)-66.4x주가수익비율(P/E)LLL는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표LLL 손익계산서 (TTM)매출AU$2.34m매출원가AU$0총이익AU$2.34m기타 비용AU$11.45m순이익-AU$9.11m최근 보고된 실적Jun 30, 2023다음 실적 발표일해당 없음주당순이익(EPS)-0.0076총이익률100.00%순이익률-389.23%부채/자본 비율0%LLL의 장기 실적은 어땠습니까?과거 실적 및 비교 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2023/12/12 05:50종가2023/09/14 00:00수익2023/06/30연간 수익2022/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Leo Lithium Limited는 5명의 분석가가 다루고 있습니다. 이 중 4명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Reg SpencerCanaccord GenuitySamuel CatalanoCanaccord Genuity Historic (Wilsons Advisory and Stockbroking Ltd.Samuel CatalanoCanaccord Genuity Historic (Wilsons Advisory and Stockbroking Ltd.2명의 분석가 더 보기
공시 • Mar 28Leo Lithium Limited, Annual General Meeting, May 28, 2025Leo Lithium Limited, Annual General Meeting, May 28, 2025.
공시 • Feb 26+ 1 more updateRon Chamberlain Will Be Leaving as Chief Financial Officer of Leo Lithium Limited, Effective from 28 February 2025Leo Lithium Limited advised that Mr. Ron Chamberlain, the Company's Chief Financial Officer will be leaving the Company with effect from 28 February 2025. Given the transitional phase of the Company as it looks to acquire a new asset, the Company will not replace the CFO role at this time. This position will be revisited should the Company acquire a new asset.
공시 • Jan 21+ 1 more updateLeo Lithium Limited Announces Special Dividend, Payable on January 31, 2025Leo Lithium Limited announced the Special dividend of AUD 0.15770000 per share. Record date is January 23, 2025. Ex date is January 22, 2025. Payment date is January 31, 2025.
공시 • Nov 28GFL International Co., Ltd. completed the acquisition of remaining 40% stake in in Goulamina Lithium Project from Leo Lithium Limited (ASX:LLL) for $332.2 million.GFL International Co., Ltd. executed Binding Sale and Purchase Agreement to acquire remaining 40% stake in Goulamina Lithium Project from Leo Lithium Limited (ASX:LLL) for $342.7 million on May 6, 2024. The $342.7 million cash consideration payable by Ganfeng is structured as $10.5 million non-refundable deposit to be paid within 10 days of executing the sale and purchase agreement; $161.0 million payable on completion of the transaction following satisfaction of (or waiver) of conditions precedent (Tranche 1 Cash Consideration); $171.2 million payable on June 30, 2025 or an earlier date (Tranche 2 Cash Consideration). Interest of SOFR + 2% to accrue on the unpaid Tranche 2 Cash Consideration from the completion date until the Tranche 2 Cash Consideration is paid in full to Leo Lithium. There are no penalties for early repayment. Prior to the transaction, GFL International Co., Ltd. held 60%. Ganfeng to sole fund all remaining capital until first revenue. Ganfeng Lithium Group Co., Ltd's Board of Directors have approved the transaction, to use its own funds to acquire the remaining 40% equity in Mali Lithium B.V. from Leo Lithium Limited for $342.7 million. This transaction does not need to be submitted for approval by the company's shareholders' meeting. The transaction is subject to Leo Lithium's shareholders to vote on the transaction, receipt of regulatory approvals and satisfaction of conditions precedent to the transaction. Completion of the transaction is End October 2024. On June 14, 2024 The Mines Minister has conditionally approved the transaction, requiring the submission of transaction documents and payment of capital gains tax (CGT). Leo has already paid $7.6-million for CGT on a 5% sale finalized on May 6. Any additional CGT on the 40% sale will be paid in due course. As of July 25, 2024, Leo Lithium Limited updates on the pending approval by the Company's shareholders at the Annual General Meeting to be held on July 31, 2024 is a condition precedent to the Proposed Transaction. The Board of Leo Lithium continues to recommend shareholders VOTE IN FAVOUR of the Proposed Transaction. Following discussions with many shareholders, the Board has committed to increasing the amounts returned to shareholders. As of September 13, 2024, Chinese government approval remains the only outstanding condition precedent to the completion of the Proposed Sale. Currently anticipated to be completed in October 2024, following which the Proposed Sale will complete. Barrenjoey acted as financial adviser and Thomson Geer acted as legal adviser in relation to the sale of Leo Lithium’s interest in the Project to Ganfeng. GFL International Co., Ltd. completed the acquisition of remaining 40% stake in in Goulamina Lithium Project from Leo Lithium Limited (ASX:LLL) for $332.2 million on November 26, 2024. At Completion Leo Lithium is entitled to receive the Tranche 1 consideration of $161 million. The total amount of Mali capital gains tax payable on the sale is $44.7 million which will be deducted from the Tranche 1 consideration and paid directly to the Mali Government by Ganfeng. This amount of taxation is in line with the previous estimates detailed by Leo Lithium to the market. The Company anticipates receiving the net Tranche 1 payment of $116.3 million on 26 November 2024. A Tranche 2 payment of $171.2 million is payable by 30 June 2025 Interest will accrue on the unpaid Tranche 2 Consideration from Completion until the payment date at a rate of Secured Overnight Finance Rate +2%.All required Chinese Government approvals have now been received and, as a consequence, all conditions precedent to the MLBV Sale have been satisfied.
공시 • Nov 27GFL International Co., Ltd. acquired remaining 40% stake in Mali Lithium BV from Leo Lithium Limited (ASX:LLL).GFL International Co., Ltd. agreed to acquire remaining 40% stake in Mali Lithium BV from Leo Lithium Limited (ASX:LLL) on November 25, 2024. At Completion Leo Lithium is entitled to receive the Tranche 1 consideration of $161 million. The total amount of Mali capital gains tax payable on the sale is $44.7 million which will be deducted from the Tranche 1 consideration and paid directly to the Mali Government by Ganfeng. This amount of taxation is in line with the previous estimates detailed by Leo Lithium to the market. The Company anticipates receiving the net Tranche 1 payment of $116.3 million on 26 November 2024. A Tranche 2 payment of $171.2 million is payable by 30 June 2025 Interest will accrue on the unpaid Tranche 2 Consideration from Completion until the payment date at a rate of Secured Overnight Finance Rate +2%. All required Chinese Government approvals have now been received and, as a consequence, all conditions precedent to the MLBV Sale have been satisfied. Completion of the MLBV Sale is scheduled to occur on 26 November 2024. GFL International Co., Ltd. completed the acquisition of remaining 40% stake in Mali Lithium BV from Leo Lithium Limited (ASX:LLL) on November 26, 2024.
공시 • Jun 15Leo Lithium Limited, Annual General Meeting, Jul 31, 2024Leo Lithium Limited, Annual General Meeting, Jul 31, 2024.
공시 • Mar 28Leo Lithium Limited, Annual General Meeting, May 28, 2025Leo Lithium Limited, Annual General Meeting, May 28, 2025.
공시 • Feb 26+ 1 more updateRon Chamberlain Will Be Leaving as Chief Financial Officer of Leo Lithium Limited, Effective from 28 February 2025Leo Lithium Limited advised that Mr. Ron Chamberlain, the Company's Chief Financial Officer will be leaving the Company with effect from 28 February 2025. Given the transitional phase of the Company as it looks to acquire a new asset, the Company will not replace the CFO role at this time. This position will be revisited should the Company acquire a new asset.
공시 • Jan 21+ 1 more updateLeo Lithium Limited Announces Special Dividend, Payable on January 31, 2025Leo Lithium Limited announced the Special dividend of AUD 0.15770000 per share. Record date is January 23, 2025. Ex date is January 22, 2025. Payment date is January 31, 2025.
공시 • Nov 28GFL International Co., Ltd. completed the acquisition of remaining 40% stake in in Goulamina Lithium Project from Leo Lithium Limited (ASX:LLL) for $332.2 million.GFL International Co., Ltd. executed Binding Sale and Purchase Agreement to acquire remaining 40% stake in Goulamina Lithium Project from Leo Lithium Limited (ASX:LLL) for $342.7 million on May 6, 2024. The $342.7 million cash consideration payable by Ganfeng is structured as $10.5 million non-refundable deposit to be paid within 10 days of executing the sale and purchase agreement; $161.0 million payable on completion of the transaction following satisfaction of (or waiver) of conditions precedent (Tranche 1 Cash Consideration); $171.2 million payable on June 30, 2025 or an earlier date (Tranche 2 Cash Consideration). Interest of SOFR + 2% to accrue on the unpaid Tranche 2 Cash Consideration from the completion date until the Tranche 2 Cash Consideration is paid in full to Leo Lithium. There are no penalties for early repayment. Prior to the transaction, GFL International Co., Ltd. held 60%. Ganfeng to sole fund all remaining capital until first revenue. Ganfeng Lithium Group Co., Ltd's Board of Directors have approved the transaction, to use its own funds to acquire the remaining 40% equity in Mali Lithium B.V. from Leo Lithium Limited for $342.7 million. This transaction does not need to be submitted for approval by the company's shareholders' meeting. The transaction is subject to Leo Lithium's shareholders to vote on the transaction, receipt of regulatory approvals and satisfaction of conditions precedent to the transaction. Completion of the transaction is End October 2024. On June 14, 2024 The Mines Minister has conditionally approved the transaction, requiring the submission of transaction documents and payment of capital gains tax (CGT). Leo has already paid $7.6-million for CGT on a 5% sale finalized on May 6. Any additional CGT on the 40% sale will be paid in due course. As of July 25, 2024, Leo Lithium Limited updates on the pending approval by the Company's shareholders at the Annual General Meeting to be held on July 31, 2024 is a condition precedent to the Proposed Transaction. The Board of Leo Lithium continues to recommend shareholders VOTE IN FAVOUR of the Proposed Transaction. Following discussions with many shareholders, the Board has committed to increasing the amounts returned to shareholders. As of September 13, 2024, Chinese government approval remains the only outstanding condition precedent to the completion of the Proposed Sale. Currently anticipated to be completed in October 2024, following which the Proposed Sale will complete. Barrenjoey acted as financial adviser and Thomson Geer acted as legal adviser in relation to the sale of Leo Lithium’s interest in the Project to Ganfeng. GFL International Co., Ltd. completed the acquisition of remaining 40% stake in in Goulamina Lithium Project from Leo Lithium Limited (ASX:LLL) for $332.2 million on November 26, 2024. At Completion Leo Lithium is entitled to receive the Tranche 1 consideration of $161 million. The total amount of Mali capital gains tax payable on the sale is $44.7 million which will be deducted from the Tranche 1 consideration and paid directly to the Mali Government by Ganfeng. This amount of taxation is in line with the previous estimates detailed by Leo Lithium to the market. The Company anticipates receiving the net Tranche 1 payment of $116.3 million on 26 November 2024. A Tranche 2 payment of $171.2 million is payable by 30 June 2025 Interest will accrue on the unpaid Tranche 2 Consideration from Completion until the payment date at a rate of Secured Overnight Finance Rate +2%.All required Chinese Government approvals have now been received and, as a consequence, all conditions precedent to the MLBV Sale have been satisfied.
공시 • Nov 27GFL International Co., Ltd. acquired remaining 40% stake in Mali Lithium BV from Leo Lithium Limited (ASX:LLL).GFL International Co., Ltd. agreed to acquire remaining 40% stake in Mali Lithium BV from Leo Lithium Limited (ASX:LLL) on November 25, 2024. At Completion Leo Lithium is entitled to receive the Tranche 1 consideration of $161 million. The total amount of Mali capital gains tax payable on the sale is $44.7 million which will be deducted from the Tranche 1 consideration and paid directly to the Mali Government by Ganfeng. This amount of taxation is in line with the previous estimates detailed by Leo Lithium to the market. The Company anticipates receiving the net Tranche 1 payment of $116.3 million on 26 November 2024. A Tranche 2 payment of $171.2 million is payable by 30 June 2025 Interest will accrue on the unpaid Tranche 2 Consideration from Completion until the payment date at a rate of Secured Overnight Finance Rate +2%. All required Chinese Government approvals have now been received and, as a consequence, all conditions precedent to the MLBV Sale have been satisfied. Completion of the MLBV Sale is scheduled to occur on 26 November 2024. GFL International Co., Ltd. completed the acquisition of remaining 40% stake in Mali Lithium BV from Leo Lithium Limited (ASX:LLL) on November 26, 2024.
공시 • Jun 15Leo Lithium Limited, Annual General Meeting, Jul 31, 2024Leo Lithium Limited, Annual General Meeting, Jul 31, 2024.
공시 • May 09GFL International Co., Ltd. Executed Binding Sale and Purchase Agreement to acquire remaining 40% stake in Goulamina Lithium Project from Leo Lithium Limited (ASX:LLL) for $342.7 million.GFL International Co., Ltd. Executed Binding Sale and Purchase Agreement to acquire remaining 40% stake in Goulamina Lithium Project from Leo Lithium Limited (ASX:LLL) for $342.7 million on May 8, 2024. The $342.7 million cash consideration payable by Ganfeng is structured as $10.5 million non-refundable deposit to be paid within 10 days of executing the sale and purchase agreement; $161.0 million payable on completion of the transaction following satisfaction of (or waiver) of conditions precedent (Tranche 1 Cash Consideration); $171.2 million payable on June 30, 2025 or an earlier date (Tranche 2 Cash Consideration). Interest of SOFR + 2% to accrue on the unpaid Tranche 2 Cash Consideration from the completion date until the Tranche 2 Cash Consideration is paid in full to Leo Lithium. There are no penalties for early repayment. Prior to the transaction, GFL International Co., Ltd. held 60%. Ganfeng to sole fund all remaining capital until first revenue. The transaction is subject to Leo Lithium's shareholders to vote on the transaction, receipt of regulatory approvals and satisfaction of conditions precedent to the transaction. Completion of the transaction is End October 2024. Barrenjoey acted as financial adviser and Thomson Geer acted as legal adviser in relation to the sale of Leo Lithium’s interest in the Project to Ganfeng.
공시 • Mar 18+ 3 more updatesLeo Lithium Limited(ASX:LLL) dropped from S&P Global BMI IndexLeo Lithium Limited(ASX:LLL) dropped from S&P Global BMI Index
공시 • Jan 18Ganfeng Lithium's Unit to Buy Up to 5% Stake in Mali LithiumGanfeng Lithium Group Co., Ltd. (SZSE:002460) said unit plans to buy up to 5% stake in Mali Lithium from Leo Lithium Limited (ASX:LLL) for up to $65 million.
공시 • Oct 30Leo Lithium Limited Announces Resignation of Leo Lithium as Joint Company SecretaryLeo Lithium Limited announced that Mr. Nathan Bartrop has resigned as Joint Company Secretary of the company. Mr. Bartrop will continue to assist the Company in relation to various company secretarial and corporate governance projects. Mr. Ron Chamberlain will remain as Company Secretary of the Company.
Buying Opportunity • Sep 07Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 36%. The fair value is estimated to be AU$0.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 71% per annum. Earnings is also forecast to grow by 32% per annum over the same time period.
Major Estimate Revision • Sep 05Consensus revenue estimates fall by 67%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from AU$4.12m to AU$1.37m. Forecast losses increased from -AU$0.0055 to -AU$0.008 per share. Metals and Mining industry in Australia expected to see average net income growth of 11% next year. Consensus price target down from AU$1.72 to AU$1.53. Share price fell 47% to AU$0.60 over the past week.
분석 기사 • Sep 04Leo Lithium Limited (ASX:LLL) Shares Could Be 33% Below Their Intrinsic Value EstimateKey Insights Using the 2 Stage Free Cash Flow to Equity, Leo Lithium fair value estimate is AU$0.84 Leo Lithium is...
Price Target Changed • Sep 04Price target decreased by 11% to AU$1.53Down from AU$1.71, the current price target is an average from 6 analysts. New target price is 172% above last closing price of AU$0.56. The company is forecast to post a net loss per share of AU$0.0055 compared to earnings per share of AU$0.064 last year.
Board Change • Sep 04High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director Brendan Borg is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Major Estimate Revision • Jul 29Consensus EPS estimates fall by 13%The consensus outlook for fiscal year 2023 has been updated. 2023 expected loss increased from -AU$0.0059 to -AU$0.0066 per share. Revenue forecast of AU$4.16m unchanged since last update. Metals and Mining industry in Australia expected to see average net income decline 2.0% next year. Consensus price target of AU$1.71 unchanged from last update. Share price was steady at AU$1.14 over the past week.
Major Estimate Revision • Jul 15Consensus revenue estimates increase by 144%The consensus outlook for revenues in fiscal year 2023 has improved. 2023 revenue forecast increased from AU$1.71m to AU$4.16m. Forecast losses expected to reduce from -AU$0.0067 to -AU$0.0059 per share. Metals and Mining industry in Australia expected to see average net income growth of 2.2% next year. Consensus price target of AU$1.72 unchanged from last update. Share price rose 5.3% to AU$1.19 over the past week.
Major Estimate Revision • Jul 07Consensus revenue estimates increase by 151%The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from AU$1.66m to AU$4.17m. EPS estimate unchanged from -AU$0.0059 at last update. Metals and Mining industry in Australia expected to see average net income growth of 2.2% next year. Consensus price target of AU$1.79 unchanged from last update. Share price rose 5.1% to AU$1.13 over the past week.
Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improves as stock rises 16%After last week's 16% share price gain to AU$1.16, the stock trades at a trailing P/E ratio of 21x. Average forward P/E is 10x in the Metals and Mining industry in Australia. Total returns to shareholders of 139% over the past year.
Major Estimate Revision • Jul 01Consensus EPS estimates upgraded to AU$0.0035 lossThe consensus outlook for fiscal year 2023 has been updated. 2023 losses forecast to reduce from -AU$0.0042 to -AU$0.0035 per share. Revenue forecast unchanged from AU$1.66m at last update. Metals and Mining industry in Australia expected to see average net income growth of 2.2% next year. Consensus price target of AU$1.79 unchanged from last update. Share price fell 6.1% to AU$1.07 over the past week.
New Risk • Jun 29New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: AU$2.2m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. This is currently the only risk that has been identified for the company.
Recent Insider Transactions • Jun 29Independent Non-Executive Director recently sold AU$2.2m worth of stockOn the 28th of June, Brendan Borg sold around 2m shares on-market at roughly AU$1.07 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of AU$2.6m more than they bought in the last 12 months.
Major Estimate Revision • Jun 21Consensus revenue estimates decrease by 10%The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from AU$1.85m to AU$1.66m. EPS estimate unchanged from -AU$0.0042 per share at last update. Metals and Mining industry in Australia expected to see average net income decline 0.2% next year. Consensus price target up from AU$1.71 to AU$1.78. Share price rose 16% to AU$1.12 over the past week.
Valuation Update With 7 Day Price Move • Jun 16Investor sentiment improves as stock rises 17%After last week's 17% share price gain to AU$1.05, the stock trades at a trailing P/E ratio of 18.9x. Average forward P/E is 10x in the Metals and Mining industry in Australia. Simply Wall St's valuation model estimates the intrinsic value at AU$0.80 per share.
분석 기사 • Jun 01Calculating The Intrinsic Value Of Leo Lithium Limited (ASX:LLL)Key Insights The projected fair value for Leo Lithium is AU$0.76 based on 2 Stage Free Cash Flow to Equity Current...
Major Estimate Revision • May 31Consensus EPS estimates upgraded to AU$0.0027 lossThe consensus outlook for fiscal year 2023 has been updated. 2023 losses forecast to reduce from -AU$0.0034 to -AU$0.0027 per share. Revenue forecast unchanged from AU$2.46m at last update. Metals and Mining industry in Australia expected to see average net income growth of 2.2% next year. Consensus price target up from AU$1.53 to AU$1.71. Share price rose 12% to AU$0.89 over the past week.
공시 • May 29Leo Lithium Limited announced that it expects to receive AUD 106.11 million in funding from Gfl International Co.,LimitiedLeo Lithium Limited announced that it has entered into a subscription agreement to issue 131 million new fully paid ordinary shares at a price of AUD 0.81 per share for the gross proceeds of AUD 106.11 million on May 19, 2023. The transaction will include participation from new investor Gfl International Co.,Limitied for 9.9% stake. The shares are restricted. The transaction is subject to granting of regulatory approvals.
Recent Insider Transactions • Apr 01Non-Executive Director recently bought AU$51k worth of stockOn the 30th of March, Alan Rule bought around 100k shares on-market at roughly AU$0.50 per share. This transaction amounted to 95% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold AU$268k more in shares than they bought in the last 12 months.
공시 • Feb 17Leo Lithium Limited Announces Key Construction Milestones At the Goulamina Lithium Project in MaliLeo Lithium Limited announced key construction milestones at the Goulamina Lithium Project (Goulamina or the Project) in Mali. Goulamina is a Joint Venture between Leo Lithium (50%) and Ganfeng Lithium Group (50%) (Goulamina JV). The Goulamina JV has successfully poured first concrete in the primary crushing area of the Project, with the ball mill area foundations also ready for concreting in the coming days. In conjunction, manufacturing of the ball mill and other crucial crushing equipment, such as the cone crusher and jaw crusher, has been successfully completed and is undergoing final factory inspection tests before the equipment is readied for transport to site. Final trim earthworks in the plant area are underway and this enables concrete preparation and installation to proceed, while significant mobile equipment resources are applied to continue work on the TSF, in line with the plan. With supply items such as structural steel and permanent accommodation units now ready to be transported to site, later this half, Leo Lithium will be focused on the installation of the ball mill, the cone and jaw crushers, as well as the supply and installation of plant and electrical services. Design works of the overland water piping package from Sélingué Dam (which will provide site process water) continues to progress, with installation works set to commence later this quarter.
Board Change • Jan 24High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director Brendan Borg is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
공시 • Jan 17Leo Lithium Limited Announces Goulamina Resource Increased by 33.8 Mt to 142.3 MtLeo Lithium Limited announce a substantial upgrade to the Mineral Resource estimate (MRE) of its Goulamina Lithium Project (Goulamina or the Project). A resource definition drilling campaign was undertaken in H2 2022 on pegmatite dykes in the south-west of the Goulamina Lithium Project, part of the Danaya Domain (Danaya). The recently completed assessment of drilling results and the updated MRE for Danaya has increased the Danaya MRE by 152%, from 22.3 Mt to 56.1 Mt and the total Goulamina resource base by 31% from 108.5 Mt at 1.45 % Li2O to 142.3 Mt @ 1.38% Li2O. Goulamina Lithium Project Mineral Resources: The updated Mineral Resource for the Danaya Domain incorporates all historical data and recent drilling data completed by Leo Lithium between May and October 2022. The Danaya Domain is the only domain updated in this MRE. There are no changes to the NE Domains; Main, West 1, West 2, Sangar 1 and Sangar 2. Danaya: During the 2022 resource definition drilling campaign, Leo Lithium drilled 60 reverse circulation (RC) holes (including 6 Pre-Collar RC holes) for a total of 9,292 m and 17 Diamond (DD) holes (including 6 diamond tails) for a total of 3,428 m. Significant intersections have been reported in ASX announcements dated: 3 November 2022 (Resource Drilling Reveals Thick, High Grade Spodumene Intercepts); 14 December 2022 (Further High-Grade Drilling Results at Danaya). Since the last published MRE on 20 July 2020, the Danaya Mineral Resource has increased by 152% to 56.1 Mt @ 1.24% Li2O. The Indicated resource classification at Danaya increased by 213% to 24.4 Mt @ 1.34% Li2O. Danaya diamond core assay results are still pending and are therefore not included in this MRE, although diamond core geological and structural information was used to assist in defining the pegmatite solids. Assay results will be reported once received and reviewed. Future drilling will focus on further resource extensions below and along strike of the optimised RPEEE pit shell as well as increasing the confidence level by converting Inferred to Indicated material within the pit shell. At Danaya, infill drilling and resource extension drilling has resulted in a re-interpretation of the Danaya geology. The structural and geological information from the drilling campaign has been used to update the geological model which builds the framework for this resource update. The Danaya Domain consists of a Spodumene Pegmatite dyke swarm, which is striking North- Northwest and is moderately to steeply dipping to the East. The dykes are currently modelled to a strike length of 1700m with individual true dyke widths of up to 70 m. The pegmatites are characterised by typical pinching and swelling. Weathered oxidised material in the Danaya domain is excluded from the resource. Only material below the TOFR surface is reported as part of the MRE. Mineral Tenement: The Goulamina Project is entirely within the Torakoro Exploitation Permit PE 19/25 in Mali, PE 19/25 is 100% held by Lithium du Mali a 50-50 joint venture between Leo Lithium and Ganfeng Lithium. Geology: The Project area is located within the Bougouni region of Southern Mali, where broadly North- South trending belts of Birimian aged (Paleoproterozoic) meta-volcanic and meta-sedimentary rocks are intruded by syn-and post-orogenic granitoids. Within the Project area, outcrop is limited, and the understanding of basement geology therefore comes mainly from drillholes. Regolith typically comprises a surficial transported horizon overlying a laterite weathering profile. A prominent feature of the Lateritic Profile is a plateau of a hard iron-rich ferricrete (‘cuirasse’). Limited outcrop mapping and information from geological logging of exploration drillholes indicates Northeast striking metapelite and metagreywacke rocks in the North and Eastern parts of the property. The Goulamina Pegmatite deposit is entirely hosted within a granodiorite. The most abundant dyke facies within the Danaya Domain consists of a relatively homogenous coarse spodumene pegmatite which makes up approximately 85% of the Danaya dyke swarm. Crystal sizes range from few centimetres to up to 10 cm. The remaining 15% of the Danaya dyke swarm is composed of a fine-grained aplite which is often mineralised but can also be barren. Aplite distribution within the Danaya Domain is not predictable and therefore not domained separately. The Lithium-bearing pyroxene mineral spodumene is the only recognised lithium mineral, along with other major minerals of quartz and feldspar (albite and microcline). Geological logging also identified accessory amounts of muscovite, tourmaline, apatite and biotite. Drilling Techniques and Hole Spacing: Danaya holes were drilled in several contiguous phases, from October 2017 to December 2022. Drill holes were generally dipping -60 degrees, oriented due west, to intercept the steeply dipping pegmatite dykes at a high angle. RC drilling was completed by AMCO Drilling SARL (AMCO), and Capital Drilling (MALI) SARL (Capital), using nominally 5.5-inch diameter equipment, with a face sampling downhole hammer. Core drilling equipment at Danaya was supplied and operated by AMCO and Capital. Drillhole diameter ranges from PQ size within highly weathered and oxidized zone and standard HQ size diameter within fresh rock. Diamond holes were drilled from surface or as diamond tails on RC holes. Core was orientated down hole so that structural measurements could be taken. Diamond Core drilled by Capital drilling in the 2022 campaign was not assayed in time to be included in the Danaya MRE, although the geological and structural information was used to define the pegmatite solids. Drill holes for the resource programs are spaced approximately 30 to 50 metres apart on 25 m, 50 m or 100 m spaced sections. The spacing is sufficient to establish grade and geological continuity and is appropriate for the resource classifications applied. Sampling Techniques Samples were collected from RC drilling and submitted for assay. Samples submitted to the laboratory typically weighed 2-2.5 kg over an average 1 m interval. Samples were subsampled by a riffle splitter at the drill rig. Diamond drill core was collected directly into core trays. The drill core was then transported to the core processing facility where the core was marked up by metre marks and bottom orientation line. Core was cut longitudinally along a cut line next to the core orientation line. Half core without orientation line was collected on a metre basis where possible, sample lengths at contacts varied in length. Pegmatites along with at least two metres of granitic material either side of the pegmatite contact are sampled and prepared for assay. Granitic material distal to the pegmatites is not sampled and is treated as having an assay of 0 % Li2O.
Board Change • Dec 31High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director Brendan Borg is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
공시 • Dec 30Leo Lithium Limited Appoints Alan Rule as Non-Executive Director, Effective 1 January 2023Leo Lithium Limited announced the appointment of experienced mining executive, Mr. Alan Rule as Non-Executive Director, effective 1 January 2023. Mr. Rule has more than 25 years' experience as the CFO of ASX listed mining companies with operations and projects in Australia, Africa, North and South America across several commodities, including lithium. He has considerable experience in international debt and equity financing of mining projects, implementation of accounting controls and systems, risk management, governance, and regulatory requirements in mining companies. In addition, he has wide ranging experience in mergers and acquisitions within the mining industry. Mr. Rule was CFO at Galaxy Resources Limited from 2017 until it was taken over in 2021. His previous positions included CFO of Sundance Resources Limited, Paladin Energy Limited, Mount Gibson Limited and St Barbara Mines Limited. He is a Chartered Accountant (Fellow) and holds Bachelor of Commerce and Bachelor of Accounting degrees. He has also been a Non-Executive Director of listed companies since 2016 and is currently a Non- Executive Director of Yellow Cake plc, an AIM listed company and Ora Banda Mining Limited, an ASX listed gold company. Pursuant to the Company's constitution, Mr. Rule will hold office as a Director until the next annual general meeting, where he will be required to seek election.
공시 • Dec 15Leo Lithium Limited Provides Further Results from the Goulamina Lithium ProjectLeo Lithium Limited provided further results from the Goulamina Lithium Project (Goulamina or the Project) resource drilling program, following completion of planned drilling at the Danaya Domain (Danaya). The 2022 Resource Drilling Program at Danaya has the main objective of increasing the confidence level in this part of the orebody and converting a significant amount of Inferred Resource into the Indicated Resource category. Additional objectives are increasing the overall resource base at Danaya and maintaining the current 23-year mine life at higher production rates. The Danaya drilling program is now complete and as of 10 December, 99% of RC assay results have been received (3112 assays from a total of 3152 samples). Diamond core has been geologically logged and information is being used in the updated Danaya geological model. The previously announced2 Danaya resource drilling program is targeted to maintain the current 23-year mine life at higher production rates. The planned drilling program included 65 holes (54 reverse circulation (RC) and 11 diamond (DD) holes, targeted at converting the Inferred Mineral Resources at Danaya to Indicated Mineral Resources. A second objective is to extend drilling at depth, targeting continuation of open mineralisation from previous drilling. Drilling at Danaya commenced in March 2022 and the current program is now complete. Fifty-five reverse circulation (RC) holes (8,989 metres) and 11 Diamond holes (2,239 metres) as well as 6 RC holes with diamond tails (1,189 metres) have been completed at Danaya. The drilling program has infilled previous drilling to a nominal section spacing of 50 metres (previous nominal spacing was in the range of 100 metres in parts). As previously reported, drilling has successfully identified multiple north-south striking spodumene pegmatite dykes at Danaya. New section through 1254150m N that includes three of the drill holes reported here. Mineralisation at Danaya is open at depth and along strike and extensions will be targeted in future drilling campaigns. The structural and geological information from the drilling campaign has been used to update the geological model which builds the framework for the new resource update for Danaya.
공시 • Dec 14Leo Lithium Limited Appoints Tim Richards as Chief Operating OfficerLeo Lithium Limited announced the appointment of senior mining executive Tim Richards as Chief Operating Officer (COO), as the company brings the Goulamina Lithium Project into operations over the next 18 months. Tim is a mining engineer with an MBA from the University of Oxford. He brings over twenty years of mining experience to Leo, across the full range of asset development and operations including scoping and feasibility studies, site technical services, operations and mine management. Tim has significant experience in West Africa, having worked for seven years across multiple projects in Ghana and Mauritania as well as in South Africa. Tim was involved in the development of new and existing underground and open pit operations for Kinross Gold in Ghana and Mauritania, and oversaw the successful expansion of mining operations at the Tasiast Gold Mine, including a 500% increase in mine output during his tenure. Tim has also successfully managed remote operations in PNG and Europe. Notably, Tim was instrumental in the successful operational and financial turnaround of St Barbara's Simberi Gold operation in PNG. Tim has resigned from his current role as CEO of Geopacific Resources Ltd. and will commence with Leo in late January 2023. Initially he will focus on developing the operations team, operational readiness and firming up plans for producing direct shipped ore (DSO) in 2023.
공시 • Nov 29+ 1 more updateLeo Lithium Limited Announces CFO ChangesLeo Lithium Limited announced the appointment of Ron Chamberlain as Chief Financial Officer (CFO). Ron is a seasoned Perth based ASX 100 and 200 resources-based CFO and Company Secretary. He has extensive offshore experience including the US, Africa (South Africa, Namibia, Malawi) in both operating and project environments. He has a strong background in finance including tax, treasury, risk, legal and regulatory reporting and compliance in an international environment. Ron has experience in off market commodities including uranium and lithium, having worked for two years most recently, as CFO and Company Secretary for Peninsula Energy. Ron spent three years with Vimy Resources and four years at Paladin Energy as CFO. Prior to Paladin Ron was VP Finance, US Operations at Iluka Resources. The appointment follows the resignation of Joe Belladonna who has decided to step down from the role due to some recent non work-related personal issues. Joe will finish at the end of November and Ron will commence in early 2023. The Company will put in place additional financial resources in the interim.
공시 • Nov 15Leo Lithium Limited Announces Resignation of Mark Hepburn as Non-Executive DirectorNon-Executive Director of Leo Lithium Limited, Mr. Mark Hepburn has tendered his resignation from the Board of the Company, effective November 15, 2022. The company has commenced a search for an additional independent non-executive director.
공시 • Nov 04Leo Lithium Limited Resource Drilling Reveals Thick, High Grade SpodumeneLeo Lithium Limited provided a progress update on results from the Goulamina Lithium Project (Goulamina or the Project) resource drilling program, following completion of planned drilling at the Danaya Domain (Danaya). The 2022 Resource Drilling Program at Danaya has the main objective to increase the confidence level in this part of the orebody and convert a significant amount of inferred resource into the indicated resource category. An additional objective is the increase of the overall resource base at Danaya. As of 28 October, 77% of RC assay results have been received (2426 assays from a total of 3152 samples). Diamond core is being processed and results will be announced as soon as they become available and have been reviewed. The previously announced2 Danaya resource drilling program is targeted to maintain the current 23-year mine life at higher production rates. The planned drilling program included 65 holes (54 reverse circulation (RC) and 11 diamond (DD) holes, targeted at converting the Inferred Mineral Resources at Danaya to Indicated Mineral Resources. A second objective is to extend drilling at depth, targeting continuation of open mineralisation from previous drilling. Drilling at Danaya commenced in March 2022. Interim Results: Fifty-four reverse circulation (RC) holes (8,869 metres) and 11 Diamond holes (2,236 metres) as well as 6 RC holes with diamond tails (1,189 metres) have been completed at Danaya. The drilling program has infilled previous drilling to a nominal section spacing of 50 metres (previous nominal spacing was in the range of 100 metres in parts). Drilling has successfully identified multiple north-south striking spodumene pegmatites at Danaya. Most holes intersected multiple spodumene pegmatites, notably GMRC527, which included significant intercepts of 44 m @ 1.2% Li2O (from 60 m), 64 m @ 1.76% Li2O (from 111 m) and 62 m @ 1.32% Li2O (from 200 m). The majority (approximately 70 percent) of the observed spodumene pegmatite mineralisation within the Danaya Domain is coarse to very coarse grained. The remaining 30 percent is medium to fine grained. Figure 2 shows typical coarse grained spodumene pegmatite from GMDD014 (210.4 m - 217 m) The structural and geological information from the drilling campaign is being used to update the geological model to build the framework for the new resource update for Danaya. The measured orientation of pegmatite contacts in diamond drill core suggests an apparent shallowing of dip to the south.
공시 • Nov 01Leo Lithium Limited Appoints Rick Crabb as DirectorLeo Lithium Limited appointed Rick Crabb as director. Date of appointment is 1 November 2022.
Recent Insider Transactions • Sep 22Non-Executive Chairman recently sold AU$845k worth of stockOn the 20th of September, Alistair Cowden sold around 1m shares on-market at roughly AU$0.74 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Alistair's only on-market trade for the last 12 months.
Recent Insider Transactions • Aug 26Independent Non-Executive Director recently bought AU$53k worth of stockOn the 24th of August, Brendan Borg bought around 100k shares on-market at roughly AU$0.53 per share. In the last 3 months, they made an even bigger purchase worth AU$137k. Insiders have collectively bought AU$327k more in shares than they have sold in the last 12 months.
공시 • Jul 19+ 1 more updateLeo Lithium Limited Appoints Joe Belladonna as Joint Company Secretary, Effective 1 August 2022Leo Lithium Limited announced the appointment of Joe Belladonna as Joint Company Secretary effective from 1 August 2022. Joe is a respected and highly experienced CFO, with more than 20 years' experience in the prudent financial and commercial management of listed mining companies. Prior to joining Leo Lithium, Joe was CFO and Company Secretary of Western Areas Ltd. During his 16+ years at Western Areas, Joe built a high performing accounting and finance function and established the internal control and reporting environment of the group as it discovered, developed and commissioned multiple nickel sulphide mines and processing plants. Joe was responsible for all capital raising and convertible bonds offerings of the group. Joe has in-depth knowledge and developed relationships with both local and international offtake customers, participating and leading commercial negotiations with metal buyers and smelter operators. He was a trusted advisor to the Board being responsible for the strategic finance, treasury, risk and governance areas for Western Areas, including being a key team member in business development activities and negotiations, culminating in the AUD 1.2 billion takeover by battery metals miner IGO Ltd. in June 2022. Joe is a Certified Practicing Accountant and holds a Bachelor of Business (Accounting & Information Systems) from Edith Cowan University. Current Company Secretary, Nathan Bartrop, will remain with the Company as Joint Company Secretary.
Board Change • Jul 14Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Brendan Borg was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Jun 24+ 2 more updatesLeo Lithium Limited has completed an IPO in the amount of AUD 100.045523 million.Leo Lithium Limited has completed an IPO in the amount of AUD 100.045523 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 142,922,175 Price\Range: AUD 0.7
Board Change • Jun 24Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
