Ubique

ASX mining small-cap investor identifying undervalued high growth companies in hot sectors as they develop. Happy to discuss my calls in detail - DM me.

[Ubique @Ubique_HC]

Now that $FFX has been commercialised, an update to the infamous comp table is required.

SP target:
#Lithium: $0.80 (DFS & peer comp)
+
#Gold: $0.70 (LOMP & @Sprott note)
=
$1.50

$AVZ $LTR $PLL $CXO $PSC $PLS $GXY $MIN $LIT $NMT $ORE $SYA

Details:
https://t.co/jBTw3QrLXU

[dgdgdm @dgdgdm_]

Another month on;
$LLL up 24% 🟢
$LTR flat ⚪️
$CXO down to 2% 🔴
$A11 #ALL down 23% 🔴

Latest #lithium comparison table below - including new #ALL June23 DFS inputs & revised standardised SC6 price of US$1500/t.

$LLL still the best value. First DSO revenue targeted this qtr.

[Ubique @Ubique_HC]

@paola_rojas $LLL producing DSO this quarter and spodumene concentrate H1 next year. A lot of ground to cover as it catches up in valuation to its peers.

[Michael Bond @MichaeBond_MB]

$LLL 🇲🇱

Great write up from JP Morgan "Leo Lithium: A tier-1 #Lithium deposit, ramping up to be a top-three mine in 2030"

- Incredible IRR
- Cash position will continue to build &
- Conservative figures for an adjusted NPV which incorporate a long term spod price of US$1,250

[Michael Bond @MichaeBond_MB]

$LLL @LeoLithiumLtd continues to show strength hitting an All Time High

The company now valued at $1.2 billion for its 40% stake of the Goulamina #Lithium project

Goulamina located in #Mali is now shipping DSO & will be exporting spodumene concentrate from H1 2024 🇲🇱 🦁

[MacroMuscle @8lusky]

Leo🦁 Lithium $LLL produces 1st DSO, offtake process set to commence with ave grade of 1.68% Li2O

Revenue potential during a solid pricing environment will bolster balance sheet flexibility, as we continue to progress the Goulamina Project towards production in H1 2024

#Lithium

[dgdgdm @dgdgdm_]

1 month on;
$LLL up 45% 🟢
$LTR down 1% 🔴
$A11 #ALL down 2% 🔴
$CXO down to 14% 🔴

Huge month for $LLL.

Latest #lithium comparison (standardised to US $1359/t SC6) below.

$LLL still the best value. Resource upgrade next few weeks. First DSO targeted next qtr. SC6 <12 months

[MacroMuscle @8lusky]

$LLL DRILLING DELIVERS THICK HIGH-GRADE MINERALISATION OUTSIDE OF CURRENT RESOURCE
🔋92m @ 2.01% Li2O
incl 36m @ 3.00% Li2O
🔋112.7m @ 1.43% Li2O
🔋60.35m @ 1.72% Li2O
& 14m @ 2.17% Li2O
🔋76.4m @ 1.73% Li2O
& 70.65m @ 2.24% Li2O
• Update of MRE anticipated June
#Lithium

[dgdgdm @dgdgdm_]

It’s been 3 months.. See below latest #lithium comparison table (standardised to US $1359/t SC6) showing $LLL vs #ALL $A11 vs $CXO vs $LTR.

$LTR the major mover after the ALB takeover offer.

$LLL the clear value play. Under construction. Targeting DSO next Qtr. SC6 <12 months

[dgdgdm @dgdgdm_]

Leo $LLL vs Atlantic $A11 $ALL vs Core $CXO at today's prices. I've normalised SC6 prices to US $1359/t (A11 Sep22 PFS) for fair comparison. Fan of both West African plays but Leo $LLL trumps all in most metrics; even >5x more value upside compared to $A11. Trading WELL below NPV

[Ubique @Ubique_HC]

$FFX spinning out $LLL - the sexiest lithium company on the ASX

1 free LLL share for every 1.4 FFX owned

Ex date: 6th Jun

Expecting a huge rally to the ex date, and then both companies to achieve a combined >$4 over the next 12 months.

Full thoughts:
https://t.co/oLYkUSFxkQ

[Firefinch Limited @FirefinchLtd]

Firefinch (ASX: $FFX) will be hosting a live investor briefing to provide an update on the Demerger and Offer.

Date: Friday, 29th April 2022
Time: 10am AWST (Perth); 12pm AEST (Sydney, Melbourne, Canberra)
Registration: https://t.co/0mVc4Xikg3

$LLL @LeoLithiumLtd #Lithium

[Ubique @Ubique_HC]

Lithium sector looking good in the premarket on the back of $PLS receiving >$6,000/t for SC6 equiv.

$WES $MIN $IGO $PLS $AKE $AVZ $LTR $LKE $SYA $CXO $INR $FFX $VUL $AGY $PLL $PSC $JRL $LIT $INF

[Ubique @Ubique_HC]

#lithium developer peer comparison at $5000/t SC6 pricing following $AKE contract pricing update on Friday

$LTR $11.19
$CXO $3.01
$FFX $19.08
$AVZ $6.61

100 - 2000% returns if $5k/t becomes the standard up from ~$2k/t.

The results would be similar for $PLS, $SYA etc

2/2

[Ubique @Ubique_HC]

#lithium developer peer comparison revision #697.

$FFX vs $LTR vs $CXO vs $AVZ

$FFX significantly undervalued vs peers = most potential $ gain.

Price target: $4 based on peer comparison.

Full thoughts on HC:
https://t.co/QMeCCnCvFo

1/2

[J Capital @JCap_Research]

We believe $FFX has a ridiculously cheap lithium asset alongside an operational gold mine, once known as “Morila the Gorilla.” Both mines are fully funded.
Get the report at https://t.co/I4QvrhnCZm

[Joe Lowry @globallithium]

Episode 128 of the Global Lithium Podcast with Leo Lithium CEO, Simon Hay, is online. Use this link: https://t.co/hq6ixwsaA1
or go to your normal podcast outlet. We discuss the Goulamina project in Mali (a 50/50 JV with
@GanfengOfficial) and much more. #lithium
@FirefinchLtd,

[Ubique @Ubique_HC]

$FFX DFS delivers $4.1B post-tax NPV.

Demonstrates Goulamina to be a Tier 1 #Spodumene #lithium resource.

Expecting FFX MC to increase to $2B (~$2/sh) by March.

A long way to catch up to peers.

Funded & offtake w/ @GanfengOfficial

Full thoughts:
https://t.co/Mp8AVVyGrN

[Firefinch Limited @FirefinchLtd]

Firefinch (ASX: $FFX) announces Goulamina Lithium Project update to DFS delivers NPV of A$4.1 billion & 83% IRR.

"We are absolutely delighted with the outcome, confirming #Goulamina as a world leading #lithium development with outstanding returns."

View: https://t.co/6QMxDV5Rqt

[ThreadBull @BullThread]

$ffx growth potential between $1.35 and $4.15.

Significantly de-risked.

Spin out day is going to be woild.

[dgdgdm @dgdgdm_]

LTR DFS; SC6 $1392/t USD.

$FFX #Goulamina DFS last year - NPV8 $1.2bn USD, IRR 56%. WITH SC6 at $666/t USD (half LTR).

Every 20% price ⬆️ (+$133/t) adds NPV8 $500M USD..

$799/t = NPV8 $1.7bn USD
$932/t = NPV8 $2.2bn USD…

$FFX DFS upgrade due this Q. IRR to be >100%?! 🤔🤔

[boy1 @boy1_HC]

$FFX hasn’t gone mental like every other #lithium stock.

Reminder:
- it’s fully funded with @GanfengOfficial
- news flow strong till Xmas with two receipts of funds for @ganfeng, updated DFS, updated LOM plan for #morila
- ramping up to 100k ozpa #gold next year!

[dgdgdm @dgdgdm_]

Lithium ETF $LIT hits all time highs.

Perfect timing for $FFX and @GanfengOfficial. Updated DFS for world class Goulamina #lithium project within a few weeks, project FID this side of Xmas, then ramping up to 450kT/annum SC6 (more than PLS current prod) by end 2023. Ready!