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0.00% 20.0¢ firefinch limited

Ann: Settlement with Govt of Mali & Agreement with Leo & Ganfeng, page-124

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  1. fooca
    6,880 Posts.
    lightbulb Created with Sketch. 4442
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    26/05/24
    08:57
    Post #: 74011007
    The 5% wasn't introduced in the 2023 Mining Code, it is the 2012 code:
    https://hotcopper.com.au/data/attachments/6198/6198150-58b7133a5382a8e0e47fc3fa2deee5e5.jpg
    The Malian private nationals pay the same as the state.
    What is not clear in the 2023 code, (not that it matters to FFX/LLL now) the State's free participation is set at a minimum of 10% but indicates no maximum (or cap) and its participation can be increased by purchasing in cash up to an additional 20% (cash participation)


    FFX Price at posting: 20.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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