FFX 0.00% 20.0¢ firefinch limited

Ann: Shareholder Update & Extension of voluntary suspension, page-11

  1. 1,235 Posts.
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    The only new news here is the confirmation that the sale of Morila comes with all holdings / leases in mali we hold. Small detail but good to know there are no plans to press on with the pathetic little deposits on those tenements.

    additionally, this announcement flys in the face of those at the AGM that there will be a finalised clear outcome by end of June. Interesting with LLL resource / reserve updates coming out over June / July followed by DSO updates… what is an offer that provides “value” to shareholders ? “Value” at the start of this process would have been perhaps a price around what we have now per LLL share… so does that mean value now is twice where we are?

    I will say this is the best update for the sale of Morila itself… but since that’s now been going on 6 months, the length of this string is still unknown and provides very little of value.
 
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