Ann: Goulamina on Schedule Post Discussions with Mali Government, page-410

indeed, a joke...

Buying today has to be opportunists, i expect they will exit in equal force in the next few days.

as for gangfeng, it looks like Simon and Co sold off australian interest using loop holes. They took us to 45% with BS clauses around controlling the asset, but in reality they sold out.

THey should have got Gangfeng to invest in LLL like the rest of us, we are here for the asset and there was no blocking reason why Gangfeng shouldnt be treated as a shareholder like the rest of us.

The good news in all of this is 99m volume yesterday or or circa 10 percent of retail float is now 10% of new owners, Owners with a entry price of 50's thereby giving us a solid platform for long term growth.

LLL worth 500m now with 45% of a 2.9b US asset . 5% of this was sold for 137m , meaning 45% is worth somewhere around 1.25b

Why the discount?

67m in the back = EV of less than 450m

Share market priced it wrong but as much as we want to complain, market pricing is Price and Emotion - the relationship between this is the P/E premium where right now emption is discounting the hell of our price...