Ann: FFX: Settlement with Govt of Mali & Agreement -Leo & Ganfeng, page-26

FFX leaving Morila SA unfunded clearly pissed the junta off more than was initially thought. This can all be traced back to the mismanagement of MA, AC and board during the running up of costs at Morila, in my opinion the project had legs if funds were managed correctly, - look at the price of gold 18 months later ffs.

Simon and co. have managed LLL through this shitshow and I'm glad to be receiving something just disappointed at what could/should have been. Not sure much blame can be landed at their feet other than a lack of clear communication. I bought some Ganfeng months ago to continue to be exposed to Goulamina as this seemed to be trending towards this outcome as the weeks went by.

Interested to see what the next steps for LLL are with circa $500M in the bank later this year. FFX can close doors never to be seen or heard from again as far as I'm concerned.