Ann: Update on Interim Accounts, page-23

  1. 1,376 Posts.
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    Alright so to confirm, FFX confirmed as of end of June 2023, no binding transaction had been reached.

    FFX then received correspondence from Mali mid July that they would not support a Morila SA transaction due to ABC reasons.

    So my question would be, how does this interrupt the posting of a half year review and accounts?

    The only thing I can think of is the report would detail the buyer which they do not wish to do without Mali approval…. But again, those transactions weren’t binding…

    If you look at their interim report, it was almost a hybrid of the full year report due to the extremely late dual posting…

    IMO, todays post simply buys them an excuse as to why they have not announced a standard mandatory report … This announcement SHOULD have been posted on the due date of the interim report if they were sincere that it couldn’t be finalised without further Mali correspondence. …
    Last edited by Karl89: 04/10/23
 
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