How can it be called an agreement if the definitive % they are...

How can it be called an agreement if the definitive % they are proposing to acquire or the amount they are proposing to pay?

How can it be implying that negotiations are complete, if they still have "propose" to acquire?
What is the delivery date?


1. The transaction propose to acquire no more than 5% equity interest in Mali Lithium with total consideration of no more than USD65 million. The total consideration includes the entire equity interest value of the target shares and free from all encumbrances;

2. The seller shall sell the target shares and corresponding interest it held to the buyer on the delivery date agreed under the agreement. The payment of acquisition that the buyer should pay to the seller must be paid by direct deposit of cleared funds to the seller's bank account.


If negotiations are completed, why hasn't Leo Lithium released an announcement?

cheers

@matt8kat ~ you mean the following that was a highlight in the Equity Agreement announcement released only 3 months ago!!
https://announcements.asx.com.au/asxpdf/20230914/pdf/05tvvxqkqyvxnj.pdf

Highlights:
The Goulamina JV is fully funded to first production with the execution of the binding Equity Investment Agreement and debt drawdown adding significant funds to the JV.

It appears Hay is using the Michael Anderson handbook? Fully funded to an announcement of another placement!

Maybe with the ASX having LLL on their radar, the enquiry they received might get them to stir LLL into action to follow their Continuous Disclosure obligations?