Good question, and one we'd be very interested to know the...

Good question, and one we'd be very interested to know the answer too. The Kodal CEO had a meeting, so what about the Leo CEO?

I believe Leo should have protected their majority interest in the project.

Given that the Mali govt could take 20%, Leo should have maintained at least a 50.1% interest, with Ganfeng welcome to the rest 29.9%.

This is how I personally would have structured up the JV, given the Lithium cycle we are in.

Yet again, to me this is another corporate mistake, just like the other big error in having the same in-country manager/representative as FFX.

Unfortunately, these guys have made a few problematic corporate decisions, maybe due to them not operating in Africa previously, or just through naivety.

Unfortunately, those decisions are hurting shareholders.

Gw