So to confirm, you’d want FFX holders to pay half their already destroyed holdings so that LLL flourish…
Whilst I’d disagree with everything you have written, wouldn’t it make sense that LLL foot the bill, if there was one, if they want gov backing? Why would a holder of FFX who isn’t a holder of LLL (or even a holder of both for that matter) agree to this? Current $50m by LLL would cost LLL holders around 4c a share at todays value. 100m LLL share from FFX holders would cost them 50% of the remaining value…
you’d also be happy for the Mali give to own almost 9% of LLL for free? Nah, pass, horrible call.
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