FFX 0.00% 20.0¢ firefinch limited

Demerger process, page-84

  1. 5,286 Posts.
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    Hard to believe its only been about 6 weeks since the Demerger ann on 9th Feb and 3 weeks since the Macquarie ann.
    From the Macquarie ann:
    " Following the successful release of the Goulamina Definitive Feasibility Study (DFS) in October 2020,
    Firefinch has received unsolicited approaches from a wide range of parties, including international
    and domestic mining companies, cathode and battery manufacturers and trading houses. These
    parties have shown interest in a range of mutually beneficial opportunities including project
    partnering, offtake and financing for Goulamina. Discussions with these parties will be considered in
    parallel with the demerger process with the view of maximising overall value for Goulamina
    . "
    It seems a deal is being thrashed out at the moment. These things take time and holders need to be patient.
    Appears from the ann that parties had already been sourced prior to the Macquarie ann (my bolding on the quote above).
 
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