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50.5¢ leo lithium limited

Ann: Request for Extension of Voluntary Suspension, page-36

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Gainzmaster5000

2,251 Posts.

656

27/07/23

10:46

Post #: 69009007
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Originally posted by ipv6ready: ↑

Sovereign risk in Africa has nothing to do with Chinese companies.

Sovereign risk in Africa is about doing business with Africans

Case in Point....
1. AVZ partner is CATH/CATL a Chinese mega battery materials conglomerate
2. LLL partner is Ganfeng a Chinese mega battery materials conglomerate
3. Chinese miners losing rights in cobalt mines ie
China's CMOC Group will pay Congo's state-backed miner a $800 million settlement between 2023 and 2028 and at least $1.2 billion in dividends to end a dispute over royalties at one of the world's biggest copper and cobalt mines.

read up on point three CMOC sounds familiar to LLL

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sovereign risk = government which is what the suspension is about lol.

LLL Price at posting: $1.14 Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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