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1.9¢ lithium consolidated limited

Listing Friday March 17, page-2

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jonesy99

103 Posts.

12/03/17

13:58

Post #: 23282654
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Originally posted by galaxy26 ↑

Li3 lists on Friday March 17
Really excited about this one as it is one of the tightest held IPO's (creating a lot more demand on open).

The prospectus looked good and the admin costs appear reasonable.

They will be the only Lithium Brine developer on the ASX in Nevada that has a clear pathway to production.

Plus this is all set up in a very politically sound jurisdiction - USA (reduces risk)

Drilling due to commence within weeks of listing

I'm personally invested and keen to see how the first week opens.

Look at LPI that listed last last year at 20c and jumped to just under 50cent within a few months.

I hope to see the same!

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I totally concur with you Galaxy.

Unlike LPI, however, Li3 does not need to raise $14m with free attaching options less than 4 months after listing as it already owns its Lithium assets

Very tight capital structure bodes well for shareholders - well done mgmt !

LI3 Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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