Australia's largest stock trading and investment forum Australia's #1 stock forum

LLL

Click for more information

0.00%

50.5¢ leo lithium limited

You spelled "Morila" and "scam" wrong mate.

First 10279 Last

Share
Profile

Follow
dazaliam

5,855 Posts.

1928

26/04/24

20:36

Post #: 73531947
Share

Originally posted by manny100 ↑

GF paid $US194 milliion including $US64 mill in debt for a 50% interest. LLL would have spent plenty of $$$ (many millions) to get Goulamina in a saleable condition. Those expenses would be deductible from the Capital gains.
Mali seem to be chasing LLL only and not GF.
If Mali are refusing a $US 95 mill offer how much are they after and what are they claiming?
Even $US 95 mill seems to high given that the Corporate tax rate in Mali is $30% and Capital gains are included in ordinary income.
If it was only Capital gains why wouldn't just announce that an assessment had been received and they were in discussions with Mali. Its a perfectly announceable issue that would not prejudice discussions.
Its mystery.

Expand

You spelled "Morila" and "scam" wrong mate.

LLL Price at posting: 50.5¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 51 more messages in this thread...

First 10279 Last

Add LLL (ASX) to my watchlist

SPONSORED BY