Hope the deal is done with Mali Gov at 20% and paid extra $50 m tax/duty. Then Leo owns 32%, not so bad compared to 36% (Leo will have to be diluted anyway because of capex shortfall. Differencce is 10% more dilution due to fxxk Mali Gov/FFX).
News: LLL Ganfeng Lithium's Unit To Buy Up To 5% Stake In Mali Lithium, page-9
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50.5¢ |
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Mkt cap ! $605.4M | |||
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