~ The Resolution was only approved by the Ganfeng board 18th January and was for the proposed acquisition .. .. ..
IMO they call it a proposal because Mali and PRC still have to give their approval
~ Are Ganfeng / Leo Lithium still in negotiations on the proposed acquisition? and being incomplete nothing to announce.
~ Has Ganfeng actually presented Leo Lithium with the proposal?
They call it an agreement and that implies that negotiations between GF and Leo management have been conluded. That agreement even contains delivery dates and payment method.
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News: LLL Ganfeng Lithium's Unit To Buy Up To 5% Stake In Mali Lithium, page-104
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