28,571,428 shares sold @$0.455 = $13,000,000 less transaction costs
(107,250) = $ $12,892,750.
Additional to the attached spreadsheet, there was a $19,507,355 loss on the disposal of investment (LLL Shares) at date of disposal against the carrying value.
Feel good moment, I get to use the useless information collected over time.....
(although it still doesn't help me totally understand financials, helps with learning I guess)
Still plenty of juggling to do for the auditors
@abuAlso explains why the sale of Morila SA to Soren SA needs to be completed before we can progress anything else.
cheers
After the dust has settled, and we get whatever we are going to get, Firefinch Limited being the largest creditor, should make a claim and take Morila SA to arbitration for the US$37m loan that will be written off,
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