The June 2021 Annoucement re the Lithium Coy structure states;
Ganfeng 40%
State of Mali probably 20%
A portion held by FFX, held directly in the project JV, probably 10-20% (hopefully less as this will not be recognised in the FFX SP but required to maintain the relationships with the State of Mali)
This leaves 20-30% for the distribution of the free shares to FFX shareholders in the new ASX listed company which will probably raise $XXX with priority to FFX shareholders.
FFX Price at posting:
40.5¢ Sentiment: Buy Disclosure: Held