FFX 0.00% 20.0¢ firefinch limited

Ann: Shareholder Update, page-28

  1. 8,121 Posts.
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    There was $97m in liabilities as at Dec 2021. Some of that will be FFX head office (staff / lease) but the vast majority at Morila.

    That will have likely ballooned further in the last 15 months.

    Throw on top of that tailings need to be moved from the main pit, and a new tailings facility and there is likely enormous costs still to come. The CR gave a heads up on some of this.

    Morila is like a monkey on our back, the sooner we off load it the better for FFX and more so for LLL

    Release the LLL anchor hopefully.


    Last edited by GARETH78: 21/03/23
 
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