FFX 0.00% 20.0¢ firefinch limited

Ann: Intention to Demerge Goulamina Lithium Project, page-171

  1. 3,757 Posts.
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    lithium co won't have a 'current' market cap but i get it, valuation will be interesting, obviously more than the 'attributable' value prior to today

    one of the announcements did mention debt, could it be that cash on hand is used by firefinch to purchase shares in lithium co, therefore giving initial cash to lithium co, and the massive gold plant is used to raise debt for gold co, while other investors can also add cash to lithium co giving it some ability to raise it's own debt funding for development or simply to explore, conduct studies, negotiate, hire experts etc.

    may find out tomorrow
 
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