LLL 0.00% 50.5¢ leo lithium limited

General Discussion, page-7122

  1. 5,245 Posts.
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    That is what it smells like. Mali have seen an opportunity and are going to make the most of it.
    As soon as Financial debts were raised and LLL were dragged into this Mali were up to something.
    Mali have their own mining company set up.
    FFX have to sell Morila for $1 - FFX bent over a barrel.
    FFX have their preferred buyer.
    Mali need to sign off any transfer of sale - no sign no sale - Mali hold the aces.
    Mali would prefer their Mining company gets Morila.
    Will $$$ plus Morila in the hands of their Mining company resolve the stand off???
    Maybe yes.
    IMO the current problems are very solvable. $$$$$.
    We just have to ensure our LLL shares when they come out of escrow are not part of any deal if there is one. Well i guess there has to be a deal as protracted stand offs usually only produce losers.
    Speculation only. I might well be wrong. But these sorts of negotiations would require total confidentiality which is what is happening.
    I just want the current situation resolved with a decent return for holders.
    My opinions only from scant information made available by all parties including LLL.







 
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