Posted by
@GARETH78 on LLL thread .. .. .. ..
An invoice is issued.FFX pay $100m to the Govt. to be able leave the country.A copy is issued to its subsidiary LLL.FFX BOD Says NO.I say ......The MOM still thinks the umbilical cord hasn't been severed? with a copy issued to its "subsidiary" LLL?
Tell em there're dreaming, or even better tell them to take it out of the gold sales revenue that "us" 80% shareholders in Morila SA are entitled to then?
Can't expect us to pay the bills if we are not getting the revenue?
Where is this information of a $100m payment coming from? is that US or AUD lol, shakes my head .. .. .. ..
From the recapitalisation package we had creditors with circa $30m? plus a further $5m of aged debt that didn't want equity? We should counter with a invoice for circa $252m spent on Morila .....
FFX BOD should be expediting paying out the majority of cash to shareholders before they do something stupid with it . .. .. .. ..
