Ann: Equity Investment Agreement Execution and Debt Drawdown, page-4

So not only is Mali taking 20 percent, now Ganfeng is the major holder of the project at 55 percent.

So after Mali and Gangeng ownership Leo Lithium has a 35 percent ownership of the project

Leo Lithium 600 million market cap 35 percent stake means a true market cap of around 1.8 billion market cap at this price wow way overvalued significantly compared to peers in better positions and better product