Well FFX directors are sitting on their hands with the distribution of LLL shares, so don't expect to see the return of capital from LLL to land in any FFX holders accounts. Apparently they decided to start implementing "good governance" all of a sudden... I don't think they new that "good governance" was required when FFX had an active business and was listed on a public exchange. But now that we are unlisted and don't have a business, we require "good governance"... go figure!
The BoD will just get another $36mil into the accounts come 31st Jan and continue to claim they need to hold on to it for some silly reason so they can continue to take a monthly clip.
What is our great white hope, Mr Mitchell, been up to? Or has the NDA he signed got him zipped?
It wouldn't surprise me if we see a change in tact from FFX and they start to look for new projects and then try and convince SH's to abandon the return of capital once that LLL divvy hits.
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