Leo Lithium $1.3b market cap just gone to volutary suspension. There is a speculation that the Malian government aims to take a direct 10% stake in mining projects once a permit has been issued with an option to buy an additional 20% within the first two years of commercial production. Stock in the OTC market is down more than 60%.
Hope, Phoenix will have decent JORC. There is no doubt that the Salton Sea project situated in top location and wroth premium.
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