One of the Directors of LLL was Chairman of an iron ore company...

  1. 10,298 Posts.
    lightbulb Created with Sketch. 3112
    One of the Directors of LLL was Chairman of an iron ore company that sued Equitorial Guinea from memory. Took them about ten years to get a positive verdict, now trying to recover any money.
    Possibly a reason LLL didn't bother and just got TF out with what they could from Ganfeng.


    What did we hope to get from a sale? We only had one serious buyer and we don't know what the price was, but likely the same as the $1 given they had to take over the liabilities to take over the mine AFAIK. It's outrageous we cannot close this whole episode out just because we are waiting on some intransigent arsehole within the Junta.

    ITMT Our Gov happy to let Malians do business here while we all suffer.

    https://hotcopper.com.au/data/attachments/6701/6701155-d05621106eed6b8244aaf56477b2fe0b.jpg

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.