Just realized something; FFX is actually arms length to Morila...

Just realized something;

FFX is actually arms length to Morila Sarl.

So it is possible for Morila Sarl to go into Admin but FFX remains solvent and trading.
I guess best outcome would be to find a way to put Morila into C&M in this current climate. Would require a smaller raise to fund but would provide the positives below;

• better outcome to manage relationship with government,
• employees would get paid out
• potentially employees could find work on a nearby lithium project moving forward.
• retain ownership of morila for future sale or other if economics improve in future.

Key is FFX should be ok, imo of course.