"A standstill period where Ganfeng cannot generally acquire additional shares in Leo Lithium for 12 months from the date the New Shares are issued"This part stood out to me. I wonder if this is a defensive play from LLL to stop GF from trying to buy FFX. Maybe the plan now is to take over FFX and cancel out that 15% of shares and only have GF as a cornerstone investor.
Stage 3 also sounds promising.
Ann: Leo Lithium Secures A$106m Strategic Placement with Ganfeng, page-9
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