LLL 0.00% 50.5¢ leo lithium limited

Ann: Suspension from Quotation, page-156

  1. 216 Posts.
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    As below, this may have to do with the DSO that LLL were going to send out and that they want it processed all in their country so they get full benefit.
    I think everyone is looking at every negative and not so much positives. It just means no early revenue from the DSO

    The government has yet to confirm the implications of the mining code on existing projects. Officials said last week that the code’s remit will depend on forthcoming implementing decrees, which have not yet been announced.

    Mali’s Finance Minister, Alousseni Sanou, said on Monday that an audit of the country’s mining sector has shown that the state was missing CFA Fr300bn–600bn ($497m–$995m), which the new code seeks to recover.

    Newly appointed Mining Minister Amadou Keita attributed state losses to mining companies taking their gold ore to a tax exempt mine for processing. The new code seeks to crack down on such activity.


 
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