LLL 0.00% 50.5¢ leo lithium limited

Ann: US$65m for 5% sale of Goulamina and Continued Suspension, page-39

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  1. 7,182 Posts.
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    I guess this "settlement" is related to FFX' dispute with Mali Gov: FFX wouldn't want to pay up the amount Mali Gov claimed, therefore they seized the FFX asset which is the shareholding in Leo.
    Ganfeng's fund should be more than enough to settle this and Leo should be free to move ahead.
    Poor FFX shareholders will get no cash left except Leo shares.
 
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