Just FYI, I was in the process of replying to your post that was modded, so NO it wasn't me that reported it, I have actually taken a screen shot of it
(the advantage of multiple screens) so I will answer your statements, but first to this one ......
The March interview was on the 23rd ~ but after listening to it again, I didn't hear mention of sanctions, you sure it was March? What is IIRC?
~ If you are on FFX's mailing list, you would have gotten an alert that the interview had been released on the day.
~ I will reframe from commenting until I have another listen to the interview
The currency loss was US$4,000,000 (A$5,920,000) attributed to the A$ falling $0.02c ($0.688 ) from the previous quarter, calculations were rudimentary only to highlight how the plan was affected BUT if I could be bothered I could highlight
the much higher currency gains for keeping funds in A$ when the A$ was at A$0.755, continually switching between currencies will have associated costs as well as the exchange rate fees?
It also cuts both ways as gold sales (revenue) is in US$
"
Also IMHO the worst aspect is that the person who's idea was the Morila acquisition has left, leaving behind a huge mess, and is now chair of the offshoot lithium company, the bit he wanted to get rid of, sorry 'monetise', which is also well below any believable valuation, most likely to do with the perception of competency of who is in charge..."~ ~ Perception of Simon Hay?? The managing director of LLL?
~ ~ You don't think Morila was a good acquisition??
~~ just asking because you talked it up the time and post acquisition, the gold hasn't vanished, as Karl posted earlier with the changes that have been slated, I tend to think that it will become cash flow positive sooner rather than later . . . .
You are sure hell bent on character assassination of Cowden without knowing the full reason he left, or how "allegedly" bad the mess is with the information that has been provided.
~ and FWIW, the amount of crap that has spilled onto the LLL thread doesn't make very informative reading for any potential investor that strolls on in.
re: AFR Speculation and "you still don't get it"
~ What I don't get is your version!
~~ At the time the company stated the speculation about the proposed capital raise was incorrect, was in black and white correct.
~ Your version of a mandate is correct pre sé, re: the ratifying of prior issue of shares that resets Listing Rule 7.1 (15% Capacity to Issue Shares) thus mandating the company to issue shares under that Ruling.
The Mandate referred to in the Aware Letter and the Media Speculation was:
~ Concise version from the Media Speculation Announcement,
--- "The Company can confirm that it does not currently have a mandate in place to raise equity."
~ Full statement from the Aware Letter:
--- "However, at the time of the Market Speculation Announcement, the board of FFX had made no decision regarding the Placement (including terms, structure, timing or quantum) or any other capital raising, and
no mandate was in place with any joint lead managers to facilitate the Placement." "A formal mandate for the Placement from Canaccord Genuity (Australia) Limited and Jett Capital Advisors, LLC (together the JLM's) was delivered to FFX on 6 December 2021 (JLM Mandate) for consideration."
Is Morila viable,
@hurtadarryl re: "
Everyone talking about how great the Gold resource is. It's actually bang average. At these gold prices sure it could be profitable but it's not as good as everyone seems to think it is. The best parts have been mined a long long time ago."
~~ In essence you are correct, but the mine was profitable after the higher grade material was depleted, from AngloAshanti Gold (mind you they are difficult to read) annual reports for the years 2010 - 2014, they milled average 1.39g/t, they did a pushback of the MSP in late 2014 early 2015 where the average grade increased to 1.68g/t before going into tailings / low grade ore stockpiles processing.
FFX is slating to progress to the MSP as the main ore feed (hard rock) with Viper (oxide ore) into the mill, the current MRE (which is being updated this quarter) shows MSP average as 1.50g/t.
In case anyone has forgotten the LOMP, I assume that it will be updated post the MRE update.
LOMP compiled by FFX with industry expert consultants.
The current price of gold is hoovering around US$1,720, with the AISC (as above) still provides a margin of circa US$600 per ounce.
Gold contracts look to be increasing early next year ?
Not all the costs are going into refurbishments of the mine (to my knowledge they are completed now?) the mine is running and producing and I cannot remember the when the last breakdown was in a activities report.
Drilling ~ does anyone remember how much drilling in Mali is a metre??
With 7 drills on site, we have drilled over 40,000 metres in the last 6 months?
Mining of N'Tiola, Viper & MSP,, the Contractor has been paid US$18M to date (I think, lol)
Ozblue, I'll get back to the sanction debate soonish, I suspect that the topic of conversation will be overrun with the release of the quarterly 
Shareholders are hurting, some much more than others and I get some holders have basically written this off, I haven't.
Has all the smart money left?
I can't remember what VanEck or Sprott paid per share, ($0.50?) thoughts on them "providing guidance" to get back on track?
VanEck
Sprott
cheersany typos ~~~ suck it up lol
