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50.5¢ leo lithium limited

Morila

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dazaliam

6,280 Posts.

2029

03/04/24

18:15

Post #: 73173773
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Originally posted by manny100 ↑

I think Mali will eventually settle. But they will make all concerned sweat it out before reluctantly settling. Holders are doing it tough - its a crap time not knowing for sure, just waiting!!.
The $$ will prove to hard for Mali to refuse.
GF seem to be leading the discussions. LLL own Goulamina with GF but Mali claims seem to be against LLL alone.
Why only LLL???
If it was in relation soley about which version of law we come under after transfer of GF's share to them liability surely would fall to both LLL and GF. I doubt LLL would have given GF a warranty about which law version Mali would apply?
There has been no mention of GF being liable.
I read a post some time ago that it could be Capital gains or some other related tax on the Transfer of part rights to GF??? This is hard to believe as that would mean that there was a huge stuff up on the sale to GF in that taxes were not considered during the sale process??? Surely not?
Has anyone got any intel why it appears LLL are bearing all the brunt of Mali claims.

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Morila

LLL Price at posting: 50.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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