2 years ago we had 317 million shares on issue and 100% of one of the biggest lithium projects worldwide. Already fully drilled out and ready. All we needed do is wait 12 months with a low spend an have Maq organise something.
Instead now we 1.2 billion shares. 50% of the lithium project. Yet still require Another $100 million CR because management only managed to get 60% of capex sorted with their industry-worst deal.
And we have a gold mine that has sucked most of the $200 million dollars raised for it last time I checked. And seems to be not valued at much more than that by the market. Who'd bet against another CR post demerger for FFX?
Oh, and they're asking for a raise for FFX directors - despite losing one of the two major projects thus having SFA to do from here on.
And you want me to vote FOR remuneration? Taking the piss Daz. If you can't at least send a warning for them to do better than that, when exactly can you?
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