General Discussion, page-10524

Good post thanks,
The only money not mentioned in the FAQ is our share of the joint venture cash of $US21.8mill - Iassume we get it back??. This was mentioned in the sale MOU ann 8th May as an asset. The trailing product sales fee (the 1.5%) is mentioned but no value attached in the FAQ.
Without the JV cash our return is around 43 cents for the deal, 6 cents a share for our cash on hand and say around 8 cents a shares for the 1.5% trailing fee. That adds to around 57 cents a share so a return of the JV cash would be a bonus.
From the FAQ:
" 10. What’s the value of my shares?
The Company had closing cash of A$69.3 million as at 31 March 2024, which is equivalent to approximately A$0.06/share. The transaction with Ganfeng for the 40% sale of Goulaminais equivalent to A$0.43/share in cash proceeds of which the first US$10.5 million has been received. Additionally, the Company has received US$5 million for the remainder of the 5% sale of Goulamina and will also receive value from the 1.5% trailing product sales fee and A$11.5 million pending from Firefinch. This is all on a pre-tax basis. The Company is seeking taxation advice and more information will be provided in the Notice of Meeting which will be dispatched in late June.
The ASX announcement of 8 May1 provides all this information and an estimate of the current value of the trailing product sales fee. There is also the value of Ganfeng’s sole funding through to completion, and whilst this is not additional funds into Leo Lithium, it does mean the Company does not need to contribute Company funds into the joint venture whilst the transaction moves towards completion"
My bold above.