Those things did make me concerned. A restating of production of...

First 29 Last

Share
Profile

Follow
52570

4,880 Posts.

521

01/11/23

11:01

Post #: 70662023
Share

Originally posted by 52570: ↑

'It sounds silly, and probably is. Are we able to assume that the people now collecting the gold from Morila are the same ones who made off with $200 million. Does the corruption in Africa run that deep, and is it that organized that perhaps the government doesn't even know who is involved, or if there is any. 'This is something I have not wanted to post publicly - however I too have suspected something a bit 'off'.

Many millions of dollars of Share holders funds was spent on the refurbishment of the plant - dewatering the pit - the list goes on. Point is, it was share holders who primarily have lost money here.

But when we suddenly needed to raise money (again) and then we sold some of the LLL holding for (can't remember) less than half the cost ... and then tried to sell the re4st of the LLL holding and then a director saying (something like) "we were trying to ascertain the state of the finances of the company...

ALL IMO

Expand

Those things did make me concerned. A restating of production of gold 'the, missing guidance announcement' , never really seemed to me to be in itself something that the company could not manage...

FFX Price at posting: 20.0¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

BPH

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

PAR

Paradigm Biopharmaceuticals makes key acquisition moving into FY26

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

OCC

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

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

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

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

RMX

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

SRL

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

First 29 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.

Those things did make me concerned. A restating of production of...

Top Stories

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

Paradigm Biopharmaceuticals makes key acquisition moving into FY26

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

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

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

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

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

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

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

Featured News