I guess if FFX distribute the LLL shares back to holders before LLL trade the value per share for FFX purposes will be at the Goulamina sale price (plus offtake value etc) less tax paid/payable by LLL to Mali. Add cash on hand to the value of the LLL shares distributed and that is the FFX total value.
FFX should easily be able to distribute the cash and shares back to holders before LLL.
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- Ann: Settlement with Govt of Mali & Agreement with Leo & Ganfeng
Ann: Settlement with Govt of Mali & Agreement with Leo & Ganfeng, page-127
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