FFX 0.00% 20.0¢ firefinch limited

Ann: Board Restructure and Cost Savings, page-90

  1. 264 Posts.
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    It's hard to see how MLL can take the lithium project to mine. Why would anyone come in as a JV partner, when the whole company could be bought for say $25 million?
    Clearly shareholders will not stump up any more cash for a CR.
    And, correct me if I am wrong, but feelers have been out for at least 3 years for partners, but no corporates have ever put their money where their mouth is.
    Maybe non-binding MOUs are the way directors keep justifying their salary?
    And in terms of the gold, if that becomes the focus, then the company is worth maybe $3 million as an early stage explorer?
    Last edited by PhilMiner: 06/04/20
 
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