LLL 0.00% 50.5¢ leo lithium limited

You are just as bad as your side kikker with regurgitating the...

  1. 6,823 Posts.
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    You are just as bad as your side kikker with regurgitating the same (kikker) issues?"

    Mali Junta has done more to try and arrest the corruption in the Country since the coup versus the ousted Government, that had appointed Ministers being perpetrators of "alleged" corruption.
    ~ the resignation and subsequent arrest of the Minister of Mines, Energy & Water, Lamine Seydou Traore comes to mind.

    It was the Mali Junta that ordered the 2022 Mining Industry Audit; the Mining Commission was formed as a direct result of the audit.

    Poor management?
    Instead of continually making blanket poor management statements, try adding some credence by including why you think management are poor?

    Would you throw Barrick's CEO (Bristow) or B2 Gold's CEO (Johnson) into the poor management ring given they have been in ongoing discussions with the government since 1st September 2023, both having concerns with taxes and other issues.

    Would you also include Kodal's CEO (Aylward) as they are in continuous negotiations with the government for their mining licence (applied 17 moths ago)

    Delays with all Mining Permits etc, on hold until the completion of the Commission might have something to do with delays and approvals?
    Delays and approvals might also have something to do with the new Minister and time to understand the model?

    @GARETH78 @dazaliam
    FYI: Barrick's Bristow comments:
    "It takes time for people to comprehend (reference to Mining Codes/Taxes) because these are not economists or miners but military people."
    "There have been misunderstandings but we remain optimistic that, as in the past, we will find a mutually acceptable way forward to keep gold shining for Mali"

    @PeiperCKP an opportunistic prediction given that when the Company and the Mali Government agree on the settlement, the Company then need to get the clearance of the ASX. Given that it took the ASX 2 days of considerations to finally release the announcement on the 19th January, how long will it take to deliberate on all the items in the Company/Mali Government settlement before approving being re-admitted to quotation?

    cheers

 
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