@JoshuaLFor one being so (allegedly) sage (self proclaimed) there is a basic lack of understanding of the contents of both the previous announcement, and the announcement released today.
Today's announcement has confirmed that the conditions precedent (a) Chinese Regulatory approvals & (b) execution of the cooperation agreement under the terms of the strategic placement have all now been satisfied, and the initial funds have now been transferred into the MLBV.
What it also confirms (opinion) that it has been 3 months since the previous announcements on the 4th September and the 14th September, and although I assume Ganfeng would have progressed applying for the approvals on or shortly following the 4th September announcement, with what has transpired with the Government of Mali since, they have still willingly completed the transaction.
As for the Company providing updates on the progress of the plant, I have emailed the company on a couple of occasions and although I have been satisfied with the replies to the numerous questions, I was also given the reasons for non responses.
For me to get a better understanding of restrictions on information that can be released when in a Trading Halt and/or a Voluntary Suspension or in a suspension not at the request of the Company, I have sent an email to the ASX requesting some definitive information rather than what they previously replied with, ie: directing me to specific guidance notes.
@Kikker1959 Obviously you have dropped the idea that LLL and Ganfeng had a falling out, now you and your side kick, got in a huddle and the "NEW" red flag is Ganfeng will chip away at LLL's share of the MLBV .........
Just to recap, the Cooperation Agreement - points as per this post
https://hotcopper.com.au/threads/ann-continued-ganfeng-support-first-funds-received-under-eia.7752520/page-49?post_id=71393235A question to both and / or either, or maybe have another huddle and elect one spokesman (I think the LLL thread would like that) just so we don't have to listen to it twice!
The Company and Ganfeng have signed a Cooperation Agreement, what benefit or why would Ganfeng now want to "chip away" at LLL's equity in the MLBV and crap in their own backyard?
cheers
(20min delay)