LLL 0.00% 50.5¢ leo lithium limited

Ann: Leo Lithium Provides Project Update, page-41

  1. 3,368 Posts.
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    Great to hear an update with a decent amount of info.

    Also great to see progress so going well.

    What is not great is it is clear to see the Malian Govt have LLL completely wrapped around their little finger.

    - Up to $50 mill of additional taxes - We selling another 5% to fund this and dulling out of the big gains?
    - Reassessing the power permit? Scary ..
    - No clear timeframe can be provided for the resolution - Again, seems like management expect this to drag on for some time.

    All in all, positive to learn a bit more. I would have liked to see the Malian govt a bit more pro business but clearly they are letting LLL know who has the power and who is going to be stumping up tens of millions of dollars until their bellies are full enough .. Until the next saga ..
 
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