LLL 0.00% 50.5¢ leo lithium limited

Ann: Request for Extension of Voluntary Suspension, page-164

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  1. 8,765 Posts.
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    I've been thinking about how the Malian government might fund their extra 10% (given the current Minister's apparent determination to make sure Mali gets a bigger cut out of it's mineral resources).
    Perhaps one way is for the government to forego future royalties or tax receipts until they have paid their share?
    There are also definite upsides of having the government own 10% (and perhaps 20%) of Leo moving forward.
    Better to have them in the tent pissing out.
    Especially as there will always be a temptation in a country with a weak rule of law to make sudden demands in the coming years and decades.
 
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