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21/09/23
11:14
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Originally posted by 52570:
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'Or is it more a wait and pray situation? ' This is me i'm afraid. Absolutely nothing I can do about anything here. I am long since resigned to the fact that I won't get any money back from the 'cash on hand'. It looks as if this will drag on and quite possibly never be bought to a conclusion re Morilla, on the Mali side. Look , i very much doubt any other outfit accept Gangfeng would be interested in the LEO holding. I very much expect and even demand that any proposal Including returning the LEO shares to FFX share holders - to go to a simple majority vote. On the Gangfeng possibility - if I recall correctly, when they first bought that 9.9% in LEO , there was a clause that they could not buy any more LEO shares for a specified time? or something like that... ALL IMO
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Of course, since then , the structure of Gangfeng's capital injection has changed to got to the J/V Goulamina company...