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FFX firefinch limited

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Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-10

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Frogkey

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22/01/24

21:13

Post #: 72009795
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Originally posted by camban: ↑

“...In its dealings with the Government, Firefinch has been mindful of the separate dispute which Leo Lithium Ltd (Leo) (ASX:LLL) also has with the Government.”

Leo’s non-insider shareholders are not even aware of what this “separate dispute” is.

“...As the quarter progressed and given the position of the Government, the Company ceased negotiations with participants in the Process. The Company has now stopped all expenditure other than required to maintain the corporate entity, its operation and dealings associated with the Government.”

Likewise it would also be nice to know what “the position of the Government” actually is.

Good to see costs slashed, but its cute how costs are basically the exact equivalent of the interest earnings for the quarter. Keeping those directors fees flowing huh.

Somewhat hilarious to see 11,168 Quarters of funding left lol.

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Yes, they can now afford to kick the can down the road and draw salaries for 2792 years! LoL

But seriously, glad they have cut expenses.

FFX Price at posting: 20.0¢ Sentiment: None Disclosure: Held
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Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-10

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