I understand the hat perspective, but Simon just stated that FFX's current pursuit of a settlement with the Government is entirely separate from what's happening now with Ganfeng, the Government, and Leo Lithium (which was just settled via a USD $60 million payment).
Assuming we believe that and follow that logic, the current FFX negotiation with the Government and the AUD $11.5 million payment to LLL for what was just settled regarding the Goulamina project are two separate issues that should not be conflated.
Until I hear otherwise, I believe my earlier point still stands: it is in FFX's best interest to make this contribution payment as soon as possible to avoid further legal trouble, which would only negatively impact FFX shareholders.
Leo Lithium has officially stated and reinforced in conversations with shareholders that if the agreement with FFX is not honored (meaning FFX doesn't make the AUD $11.5 million payment to Leo), they do have a contingency plan to go after them as Leo Lithium will reserve all their rights.
If Leo Lithium takes legal action, FFX will likely cite further delays in 'returning capital to shareholders' and the legal outcome may result in more than a AUD $11.5m figure.
During this time, as @manny100 pointed out, FFX might receive their 17.6% share of the LLL settlement proceeds, which other creditors (like 'EGTF') may then go after.
To clarify, I'm not repeating this for your sake, but more so for others like @pier1 whose logic I can't comprehend.
