“The Goulamina Lithium Project and the Morila Gold Mine are both high quality assets.Given the remarkable opportunity of two world class projects, Firefinch’s board believes that demerging the Goulamina Lithium Project into a separate entity is the best way to realise material value for shareholders.Firefinch now offers a unique investment proposition with this restructure, shareholderswillown shares in each of a high growthgold and lithium company.Firefinch will become solely focussed on gold on the completion of the demerger.”
News expected on the Li deal this month!
FFX Price at posting:
35.8¢ Sentiment: Buy Disclosure: Held