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Given all of the above. Has anyone done the exercise of...

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Kopra120

3 Posts.

05/05/24

11:43

Post #: 73670345
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Originally posted by WoodySpoon: ↑

The plan is very much more likely a distribution than a sale of the holding at this point.

Yes the question remains will LLL ever resolve its own issues with the Junta and what will it cost.
I really wish they'd gone to the international arbitration process 8 months ago. At least that way we get a legal outcome, not effectively blackmail which with the extremely limited info we have to date seems to be the case at the moment.

Fingers crossed indeed. In way too deep with the both of them.
Ironically after the issues are all sorted at Leo it will become a very good investment, yet nobody will touch it with a barge-poll given recent history.
Might be a very long wait for dividends before getting close to actual value out of it.

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Given all of the above. Has anyone done the exercise of assessing what $ recovery per share might be under possible scenarios?

FFX Price at posting: 20.0¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

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