There are too many variables as to what value FFX and it's LLL...

  1. 775 Posts.
    lightbulb Created with Sketch. 142
    There are too many variables as to what value FFX and it's LLL holding will have, and seemingly Mali gov, LLL Management and Gangfeng all have more control over FFX's future than FFX management can. It's quite obvious FFX is in a major pickle with the Mali gov. Whether we think that is fair or not with the amount of coin we threw into the country is currently irrelevant. They clearly think they are entitled to more.

    Seemingly every possible thing that could go wrong here for the last 10 years has gone wrong. 20 cents to make this problem go away is a beautiful result while we still get all the possible LLL upside from our LLL shares, without the FFX overhang. People here are too sure they are going to have x, y and z when we come out of escrow. We may not, just like we don't have that billion dollar, expansionary gold company we were sure we would.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

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