FFX 0.00% 20.0¢ firefinch limited

Ann: Shareholder Update & Extension of voluntary suspension, page-226

  1. 6,792 Posts.
    lightbulb Created with Sketch. 4288

    A few things in regards to Morila SA and approval for a transfer of ownership.

    1: How can the government approve a transfer until there is a successful bidder?
    "The Company is also pleased to advise that non-binding indicative term sheets have been executed with a number of a suitable parties for the purchase of the Company's interests in Societe des Mines de Morila SA." ~ as per the Shareholder Update released on 2 June.

    2: The Commercial Court of Bamako proceedings has been deferred until July (no specific date)
    ~ as per Fraser's comments at the AGM
    ~ what impact does that have on a binding agreement being submitted?

    3: Mali Minister of Mines resigned 2 days ago.
    https://www.marketwatch.com/story/mali-s-minister-of-mines-resigns-amid-energy-crisis-bbf39823

    cheers

 
watchlist Created with Sketch. Add FFX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.