FFX 0.00% 20.0¢ firefinch limited

From the Leo announcement- "Ganfeng on behalf of Leo to make a...

  1. 1,551 Posts.
    lightbulb Created with Sketch. 276

    From the Leo announcement-

    "Ganfeng on behalf of Leo to make a payment to the Government of US$60 million in the name of and on behalf of Leo and Firefinch to, among other things, settle all disputes with the Government concerning Morila;"

    The settlement was for the Morila issues. On top of that the government said Leo + Ganfeng could re-apply for the mining licence under code 2023. They f$%ed us twice in one go.

    This arbitration seems purely opportunistic.

 
watchlist Created with Sketch. Add FFX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.