The Firefinch Fiasco (Money of Mine Analysis), page-25

The Mine has been operating since we walked away.
From what I can ascertain, they have only been using ore from the MSP (cherry picking) and if you look at the Life of Mine original plan and the Medium Term plan the AISC was circa US$1200 whilst mining only MSP ore -- with the POG circa US$2,000 oz makes for a nice profit of US$800oz.
~ from some feedback, the proceeds of the sale of gold has been paying down some debt and financing the operation of the mine and maintenance improvements. From the last information I had been given, they produced circa 26,500oz of gold for the June quarter.

As per social media responses from those working at the mine, the cherry picking has ceased and they need to action more deep mining at the pit, BUT, there is an issue of sludge in the bottom of the pit.
So now they have done all the cherry picking and have come across some problems, they had requested assistance from the government, BUT this has seen the government not signing off on the Company's preferred bidder (allegedly Corica) that has the abilities to do what is required to keep the mine running and do the required deep mining.

~ this doesn't all add up because there appears to be a solution, but it is being thwarted for unknown reasons.

Further to the intrigue is Firefinch agreeing to enter into "good will discussions" for what reason?
~ we have no parent guarantee for liabilities of Morila SA as per the statements from the AGM from Scott Lowe and the Board.

cheers
one day our grandkids will know what really happened, as it will take that long getting information from the incumbent Board unless .. .. .. .. ..