Am listening to CEO Simon Hay's webinar, and although the situation is not ideal to say the least, Simon did not come across as a man with suicidal tendencies! He seemed upbeat, and although obviously trying to focus on the construction phase and the agreement with Gangfeng Lithium, he did not give the impression that LLL is in dire straits, and seemed optimistic that an acceptable arrangement can be reached with the Mali government.
Maybe it's me that's overly optimistic, don't know yet, but am glad I doubled my holding this morning at .59! Yes, it's a gamble but so is investing in most junior explorers/developers. As soon as the market get a whiff that the matter has been amicably sorted out, I believe the SP will resume it's previous trend - UP.
Certainly Gangfeng are no idiots and they would never have agreed to continue pumping capital into this enterprise if there was no potential to reach an acceptable arrangement with the government.
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