I believe the mali government screwed leo lithium over as a company. They have been in suspension since last year due to complications with the government as a whole. they could not afford to pay out the government to operate as they should have been, Due to lack of knowledge as to how operations are to be conducted in africa, and Gangfeng had to bail them out and buy the company. Gangfeng were originally invested in the project to begin with, so i assume instead of allowing the mali government to take full control, Gangfeng must have bit the bullet and taken over to prevent that.
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