LLL 0.00% 50.5¢ leo lithium limited

Ann: MoU Signed with Mali Gov & Sale of Entire Project to Ganfeng, page-360

  1. 19,072 Posts.
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    Just my humble opinion.

    I would like a variation in the sale.

    Instead of being paid cash, I would prefer shares in GF or mixture of cash and shares in GF.

    As GF is traded on the HK stock exchange, we (Leo) should be able to sell our shares, if and when we want to.

    And we also benefit in the rise of GF share price as more and more Lithium are sold from our mine, and others within GF portfolio.

    Personally, I would prefer all shares in GF, as we have enough cash at the moment, and will continue to receive royalty payments of 1.5% for the next 20 years, which is more than enough to meet our overhead costs.


    JIMHO.
 
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