Ann: Mali Lithium to acquire Morila Gold Mine to become producer, page-443

Really hope they don't spin the lithium off. Yet.
I don't believe there is any cornerstone investor on that and paying another set of management to sit on it for 18 months until there is any chance of action is just silly IMO. Especially as it will need an immediate CR. At the moment MLL can sell themselves as a gold producer, - and also attract lithium investors too on the basis it's almost risk free as the MC is supported by gold income. Just park the lithium 12 months.

Though I agree a split is likely what the Doctor is planning.

If they are going to do that - at least do it before equity finance on the gold deal. No sense in giving new gold equity a free hit on our future billion dollar asset. Seems to me it would be a lot easier and cheaper just to split the Mali company into two: gold and lithium, have MLL own both and sell equity in the gold company to fund the Morilla purchase. Is there any issue with that as a better outcome for current holders?