It will be interesting to see how any company could offer a compelling price offer for FFX while it is in a Trading Halt, and the way the LLL share price is performing now. The LLL share price will possibly outrun any offer price. As FFX has supposedly been holding back LLL, once a TO proposal is tabled, the LLL share price could run away, before the FFX shareholders get to vote on the TO proposal.
The only solution comes back to a scrip offer from LLL, and possibly one of the conditions to that deal would be for FFX to sort out ownership of Morila so LLL doesn't have that baggage in Mali.
Add to My Watchlist
What is My Watchlist?