Ann: Corporate Update, page-22

Correct, it’s supposition only, I’m just basing this off the permit. There’s always the possibility Morila SA has entered into a subsequent legal agreement with somebody else to operate the mine in the interim, but if so I imagine their creditors would have something to say about that (unless that agreement is with ME-IM who get proceeds of whatever they’ve mined). It seems extraordinary to me that FFX would not know who is operating it, and what the legal arrangement is even from sources on the ground.

The idea that FFX has no information at all and receives no reports when it’s still the 80% owner is also quite extraordinary - what sort of dispute or falling out has really occurred here?? Cone of silence seems very bizarre to me and actually quite fishy when coupled with everything else including resignations of MA and AC, and even the multiple hat wearing new “chair” of the mining operation who also works for Leo.