@Threadbull ... "Particularly considering the fact that we are clearly in the middle of sensitive and complex negotiations wrapped up in a lot of history."
Why do you believe this, just because the same board that have lied to us before (remember the no plan for a cap raise, a week before the cap raise and other things, like no effect on operations from sanctions etc), have stated it??
For all we really know, there are no concrete sensitive discussions at all. In all likelihood the govt have told the lawyers (it's the lawyers going to meetings not the BOD), xyz is our position, and FFX has replied well abc is our position, and that's it.
IMHO only entirely new blood will get us anywhere near the truth of what happened, and is happening. Historically when a company goes into long term suspension with very little information coming from the BOD, it is usually the worst news possible with the cupboard being entirely bare and the last funds going to pay wages for staff and directors for as long as possible before winding up the lot, with a last statement or 2 about how the BOD tried their best..
With a new board we have a chance of finding out where all our money went, we have no chance of this with the existing mob. The lawyers will work with whoever is paying the bills. There is no reason they would treat the new BOD with less respect than they showed with the old.
If a deal was to fall over because the BOD changed, it wasn't on very firm ground anyway, and clearly showed the other side didn't want it anyway (should any deal be on the table at all!!).
FFX Price at posting:
20.0¢ Sentiment: None Disclosure: Held
(20min delay)