FFX 0.00% 20.0¢ firefinch limited

Ann: Additional High Grade Drill Results at Goulamina Deposit, page-101

  1. 934 Posts.
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    The way I see this whole EGM panning out is two ways!

    1) New directors will take over! They will have a monumental task to convince the shareholders that what they are proposing is better than what we currently have had so far. They need to have statements and proposed paths already sorted out and posted on the website within days.

    Once they had the time to inspect the books, project plans, etc. review and update their assumptions made in their initial statements!

    2) Old directors will stay! They will need to now convince the shareholders to stay! This will not be easy as the past performance will be the barrier for moving forward. They will need to prove that they are in fact going down the path to production! How they are going to do that? I have no idea!

    For shareholders to stay they need to be able to see value, wether its in the form of share price moving up, dividend’s or a takeover/sale reflecting the true value of the assets we now hold!

    Either way, I see this as a catalyst for a positive change regardless of whom is in control.

    I just hope that there is nothing sinister going on behind the scenes between the current directors and some big funds closely linked to the current directors like for example G _ _. I was inclined to mention some sinister option; however I would be wiser not too.

    So all in all, I believe that the EGM will bring out the best for all shareholders and BGS regardless!

    Cheers
 
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