Let's not kid ourselves, the money was "spent" (laundered) through over paying Malian contractors who did sweet fa on site and now may end up owning the mine. Who owns the contractors? That is why our dear directors are throwing their hands up in the air saying, we didn't know, out of our control, which is technically correct. Though does not absolve from the complete and utter incompetence. Morila was always going to make money, just not for FFX shareholders; and not because the asset isn't viable, or lack of funding, but because on the ground corruption through Morila SA. How much do you want to bet this doesn't happen with an on the ground representative team during early works and ramp up? African experience? Please! It is what is, Firefinch board got played like a bunch of pimple faced naive amateurs, lost the money and the mine...it's that simple.
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