Wouldn't that make the situation worse for FFX holders? Leo Lithium has stated they will pursue legal action against FFX if that does not go through.
Assuming that, FFX will then be required to burn even more FFX capital to defend itself. The final outcome will most likely result in FFX paying a much larger figure than AUD $11.5m
FFX Price at posting:
20.0¢ Sentiment: None Disclosure: Not Held
