Talking of Simon going to Mali in March. I’d say the ideal “window” for him to get away would be in the 4 weeks between the Notice of Meeting + Short Form Prospectus and prior to the Meeting. He would certainly need to be in Perth when the official JV is completed just prior to Notice of meeting. As a lot of things happen after the meeting, again he'd be needed in Perth.
Find out when he’s going to Mali & I think you’ll have the answer to the demerger dates.
I think our demerger will be very similar to the demerger of CST (of which Mark Hepburn is a Director) from Westgold. There was no Shortfall Offer with this demerger as it was underwritten. FFX has made a big deal of this only being available to FFX shareholders so I believe the shortfall will be offered to shareholders.
This is the timetable of the WGX-CST demerger
18/10/19 short form prospectus & notice of meeting
25/11/19 Shareholder meeting
28/11/19 in-specie record date,
3/12/19 in-specie distribution - demerger
3/12/19 prospectus issued & lodged
4/12/19 Entitlement Offer record date
10/12/19 Entitlement Offer opens
10/1/20 Entitlement Offer closed
29/1/20 Expected Listing date
12/2/20 Actual Listing
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