Ann: Government of Mali - Update, page-139

First 139 Last

Share
Profile

Follow
Cosmoterios

19,072 Posts.

2666

25/08/23

07:03

Post #: 69538649
Share

Originally posted by Cosmoterios: ↑

You should note, I am NOT trying to freak you guys out. I don't hold FFX, but LLL (not a large holding).

And I don't have all the facts, so all the above and below are my own personal opinion - not financial advice.

However, I do remember the setup of LLL was delayed several times and Anderson and Simon had to make a trip to Mali.

Further, FFX directors are NOT engaging lawyers in the spirit of "Good faith" discussions. These transnational lawyers would be charging USD $1,000 to $2,000 per hour.

Nobody is going to spend that kind of money on lawyers in "Good faith" discussions, in order to give away an "Asset" worth Zero!!!

Nonetheless, for the first time in more than 12 months, we find out the Mali Gov have linked this to LLL; despite the company believing otherwise.

IMHO, its linked. Its the ONLY leverage (play) the Mali Gov have, to extract what they want.

I think its time the company let shareholders (both FFX and LLL) know what the Mali Gov want.

Expand

just saw this

1 Firefinch once again emphasises that it is not a party to any agreements between Morila SA and its vendors
and suppliers, nor is there any agreement between Firefinch and Morila SA that would require Firefinch to
either resume funding Morila SA, or meet its debts, or other liabilities. Shareholders are also reminded that
FFX has already written down the value of its shareholding in Morila SA to nil

How much is the total amount?

FFX Price at posting: 20.0¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

Reply

Top Stories

Week 26 Wrap: Renewable gas fantasies; RBA July cut hope builds; copper's August peak?

OCC

Orthocell sees 4% jump as Remplir used in first US surgery. But is that low?

HotCopper Highlights Week 26: Droneshield 2.0; Trigg re-jig & Virgin

BPH

Australia’s gas crisis is here – and dying coal plants aren’t helping

MVF

Monash IVF shares cater 25% – Disaster or deep-value play?

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

PAR

Paradigm Biopharmaceuticals makes key acquisition moving into FY26

SRL

Sunrise pops on top scandium hits NSW explorer will now use for 'multi-decade' plan

RMX

Red Mountain: Chip samples point to 'large orogenic antimony mineral system' at Oaky Creek

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

First 139 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Ann: Government of Mali - Update, page-139

Top Stories

Week 26 Wrap: Renewable gas fantasies; RBA July cut hope builds; copper's August peak?

Orthocell sees 4% jump as Remplir used in first US surgery. But is that low?

HotCopper Highlights Week 26: Droneshield 2.0; Trigg re-jig & Virgin

Australia’s gas crisis is here – and dying coal plants aren’t helping

Monash IVF shares cater 25% – Disaster or deep-value play?

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

Paradigm Biopharmaceuticals makes key acquisition moving into FY26

Sunrise pops on top scandium hits NSW explorer will now use for 'multi-decade' plan

Red Mountain: Chip samples point to 'large orogenic antimony mineral system' at Oaky Creek

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

Featured News