TBH I think a Ganfeng takeover of LLL is a short sighted plan. LLL have announced they intend on expanding the company in further countries including Australia / americas as a JV with Ganfeng… Goulamina remains one of their best upstream assets even with their current arrangement…
In my opinion, Bald Hill is a prime example of why Ganfeng losing that Australian footing is not really in their big plan interest …
It wouldn’t not surprise me if they have interest in buying in further into LLL post their suspension period, however as with Bald Hill, there’s an advantage to staying As Arms length partners as possible for projects in Western Countries.
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