im expecting once we demerge, FFX stays roughly the same price and then we get a free kick up from LLL.
I cant wait to see details of the demerger, options are expiring this week so one less complication. The priority pre IPO offer will be interesting as I dont expect Vaneck, Capital Drilling and FFX head entity to participate but they will still get their in-specie. This means there would be more for us and no public round that I am aware of...
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Chinese gov has approved FFX, page-95
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