Ann: Government of Mali - Update, page-284

What I’d like is an honest admission by Leo as to why they (imo) succumbed to GF on a 4-month effective “window” for settlement period for the intended GF strategic placement announced in May, based on the conditions precedent: (a) Chinese regulatory approvals, and (b) executing the cooperation agreement.

I bet we’ll never get to hear why it would presumably take a behemoth like GF four months to end of Sept to get their Govt (to which GF board members are widely known to be affiliated - just Google them) to wave through a paltry AU$106m investment in a strategic resource.

The binding agreement to invest wasn’t so binding after all. Most other binding strategic share placements don’t offer such wide & pushed out exit windows.

We need to add Machiavelli to our reading lists too.