FFX 0.00% 20.0¢ firefinch limited

Ann: Sale of 28.6m Leo Lithium Shares - Cash Injection of $12.9m, page-75

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    Addendum:

    In the Operational Update the company had $35M cash & $3.5M for gold receipts coming in July.
    - which in my opinion was enough to move forward this quarter, by making the changes necessary to reduce spending and the sale of LLL shares appears to be a knee jerk reaction.
    - although, when the quarterly cash flow report is released, section 8, they will have to explain expected cash flow to fund operations.
    - selling the shares a bit later if the share price of LLL appreciated, to minimise the loss would have been a bit more prudent.

    BUT, its done now ........

    cheers


 
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