Leo Lithium23 Aug 2023 17:41
This is what James and I were talking about this morning, and has been talked about in Australia, see Firefinch for the full release:
Firefinch (represented by legal counsel) has recently participated in a number of meetings held in Mali
with a Commission established by the Government and comprising representatives of various Government departments and stakeholders. As previously advised, the aim of these good faith meetings is to resolve issues raised by Government and reach a solution that results in the
Government supporting a potential transaction for the Company’s sale of its interest in Morila SA. The Company is also taking the opportunity in these meetings to clarify a number of legal matters.The Company is also aware that Leo Lithium Ltd (“Leo”) has made representations to the Government to demonstrate that Leo and its JV partner, Ganfeng Lithium Group, Co. Ltd, have no affiliation with
Firefinch (except for FFX’s shareholding in Leo). Firefinch concurs that these representations are factually correct.
No conclusion has yet been reached. However, more meetings are planned in the near future.
Some are convinced it is linked to this.