LLL 0.00% 50.5¢ leo lithium limited

Ann: Initial Funds Received From Sale of Goulamina to Ganfeng, page-24

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  1. 9,770 Posts.
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    The company is staying on to manage Goulamina until November.
    GF paying us to do so as a contractor on the Goulamina project. This isn't related to the asx listing process.

    Shareholders of Leo are getting a capital return of the tranche 1 payment back in either a dividend or similar. In about another six months.
    Leo is going to stay on the ASX (for now) and plan to get themselves out of suspension. The shares will then be tradable.

    They are yet to decide what to do with tranche 2 due June 25', but as they've said the focus is on capital return I guess it will also be returned in fin year 25-26'

    Apologies for taking a swipe at you.
    Last edited by WoodySpoon: 23/05/24
 
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