It's interesting to hear that a mining services company may be...

  1. 5,484 Posts.
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    It's interesting to hear that a mining services company may be the preferred bidder to buy the FFX stake in Morila SA, probably for one ($1) dollar, or thereabouts, especially as Morila SA management recently announced via Twitter that the mine is now running at the equivalent of about 80,000 gold ounces per year.

    It's not a bad deal for the mining services company if they've been able to effectively buy 80% of Morila SA for one dollar, especially when someone else paid over $200 million to refurbish it for them. Could you call it the "deal of the century" for them? That phrase rings a bell.

    So, who are the owners and directors of the mining services company?

    I'd suggest they are a lot brighter than the muppets running the FFX show, they make Basil Fawlty look and sound like a genius.


    Gw
 
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