Yes unfortunately after doing some more homework the escrow shares are not an option for transfer / cancel unless a take over, and still escrow has to be continued. Not sure how many would want to TO with those conditions in place.
I don't even think they can be used as collateral separately.
I very much doubt the company is going to get a raise away at any cost in the current climate, and let's face it POG is being of no help, 9% inflation and its down as at typing.
I won't be surprised if the BOD are not considering voluntary administration. It could certainly buy time. Time is key.
As mentioned by@Gwaihir Gangfeng could be a TO option, its just do they want to take on the mess of the gold mine. They would likely want to find a buyer prior to an offer so they can breakup pretty quick This would take TIME.
FFX Price at posting:
20.0¢ Sentiment: Hold Disclosure: Held