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Bullboard - Stock Discussion Forum Leo Lithium Ord Shs LLLAF

Leo Lithium Limited is an Australia-based company that is engaged in the exploration for lithium minerals in Mali. The Company is focused on the development of the Goulamina lithium project in Mali in a joint venture with Ganfeng Lithium Co. Ltd. The Goulamina Lithium project comprises a land holding of approximately 100 square kilometers (km2) in the Bougouni Region of southern Mali... see more

OTCPK:LLLAF - Post Discussion

Leo Lithium Ord Shs > Leo Lithium - Mali
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Post by Veritas419 on Aug 23, 2023 11:33pm

Leo Lithium - Mali

Now can anyone tell me why you would invest in Leo Lithium in Mali. 

1. The ligitimate goverment was overturned by repeatitive ilitary coups

https://www.gov.uk/foreign-travel-advice/mali/safety-and-security

2.  Wagenr taking over

https://www.theguardian.com/world/2023/may/20/russian-mercenaries-behind-slaughter-in-mali-village-un-report-finds

https://www.thenation.com/article/world/mali-massacre-russia-france/

3. Frane and the UN have pulled out

https://www.aljazeera.com/news/2022/8/16/last-french-troops-leave-mali-ending-nine-year-deployment

4. New Mali mining code will take  30% stake in mining companies, lets just say one third of the company

https://www.ecofinagency.com/public-management/0908-44783-mali-adopts-new-mining-code-to-boost-public-revenues

Most countries are forbidding travel to Mali for which ever reasons

The entire region is being overtaken by military coups >>> Niger recently

Now why would you invest in + USD 300 million mining project when any time a terrorist attack can being the all project down.  Let us not forget that there are mining professionals working on site . . .
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