Ann: Suspension from Quotation - Listing Rule 17.3, page-49

The unnerving part to me is that all of this (DSO, customs/duties/taxes, whatever the Mali Govt’s share of equity ultimately turns out to be, and other questions being floated about which Mining Code applies, etc) relates to the business of the joint venture - a project that Leo is invested in with a partner - and therefore whatever new measures or increased burdens will be applicable to the JV and affects all partners in largely equal measure.

Granted, Goulamina is Leo’s entire activity (as both a shareholder in the JV and as the JV operator & administrator) whereas it is but one of a great number of Ganfeng projects & investments. And granted too that ASX disclosure rules are not exactly the same as those of the Shenzhen or Hong Kong stock exchanges. Yet Ganfeng still trades on unimpeded, with seemingly no reason for it to update its own shareholders & bourse with whatever information or situation has Leo in turmoil and neverending suspensions here.