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20/08/23
12:40
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Originally posted by fooca:
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Hot off social media .. .. .. .. before tomorrows lifting of the suspension or a continuance? Regarding LEO's suspension and Lithium DSO, Mali has a VAT exemption for the first 3 years of any new Mining operation. If LEO starts earning income from the DSO portion of the mine, it triggers the Exemption when there's going to be a 12 month cashflow void between operations. So Simon and team are negotiating the VAT for the DSO portion. cheers
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as only you know the source of this - wondering if we are dealing with a "red herring"................................................ Seems a long time to "negotiate" .............................................. Hopefully we will be told (at least) something tomorrow As for FFS - bring on Monday week, see what the numbers will tell us/and or who will walk voluntarily...........................