LLL 0.00% 50.5¢ leo lithium limited

Sale of Goulamina, page-19

  1. MM0
    240 Posts.
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    Thanks, that is helpful and great context as always.

    The part that has thrown me is this in the June announcement:

    ”Capital Gains Tax: The Company has paid US$7.6 million to the Mali Government for Malian CGT associated with the 5% sale of MLBV to Ganfeng finalised on 6 May 2024. Any potential Malian CGT payments on the 40% sale will be made in due course to the Mali Government and further information will be provided in the Notice of Meeting.”

    I’m unclear on what basis Mali could expect CGT from ownership change to MLBV.

    Last edited by MM0: 16/07/24
 
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