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20.0¢ firefinch limited

Looks like FFX taking the back seat in negotiations while...

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Paulweller66

2,468 Posts.

809

22/01/24

20:38

Post #: 72009292
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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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Looks like FFX taking the back seat in negotiations while Ganfeng and Leo wrap this up...logical path forward.

FFX Price at posting: 20.0¢ Sentiment: None Disclosure: Held
17 Upvote

0 Great analysis

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