The reason for LLL's suspension is as plain as the nose on your...

  1. 10,221 Posts.
    lightbulb Created with Sketch. 3090
    The reason for LLL's suspension is as plain as the nose on your face. Mali Gov want to shoehorn in aspects (or all) of the new mining code and are are employing a go-slow on all aspects of the relationship as a means of forcing companies to agree. FFX, Kodal and Leo current victims. If any of the other mines need something from Government by way of permitting etc they'll face the same.

    Might have to only wait them out another 3-6 months.. They're making such a complete dogs-breakfast of the whole country atm, they might be out on their ear with a counter coup funded by the usual suspects.
    I think we can all imagine who Mali's preferred bidder on the Morilla site is. And they're probably looking for us to pay to dig their tailings out first. Not much to do in this circurmstance but wait it out.


    https://hotcopper.com.au/data/attachments/5710/5710403-ef6b7baa200fcddef50ff46bdd2ba7f6.jpg


 
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