FFX 0.00% 20.0¢ firefinch limited

General discussion, page-2631

  1. 6,774 Posts.
    lightbulb Created with Sketch. 4267
    I need to grow up ~ love it biggrin.png
    If that is your going in attitude, maybe I will act my perceived age and let ASX decide? BUT .....

    re: "The information is already in the public domain - Alistair stated it was complete 3 weeks ago."
    ~ He never mentioned the Licence, he said "they have completed the corporate restructure to allow the demerger"


    You have gone from assuming/not knowing to total confidence (now that senior management disclosed)

    On more than one occasion you were not so confident,
    re: And of course the big one, as Karl previously posted, they have completed the corporate restructure to allow the demerger. I'd assume that also means the transfer of the mining license.
    https://hotcopper.com.au/threads/general-discussion.6308522/page-2296?post_id=59518370

    re: "In any case, at the Paydirt conference Feb 10th, Doc Al said:

    "we have just, hopefully, in the last few days, finished the complete corporate restructure to enable the demerger of our lithium asset….”
    I don't know if that includes the transfer of the ML, hopefully it does. Mike's over there now, I suspect his trip has something to do with the JV & transfers and it'll be sorted very shortly."
    https://hotcopper.com.au/threads/general-discussion.6308522/page-2451?post_id=59666756re:

    The wording in this post is suggestive that the restructuring does not mean it is inclusive of the licence transfer!
    re: "Simon said the demerger schedule was "tracking well" and they had "nearly completed" the restructuring of assets & entities. That will allow the transfer of the mining license, release of moneys from escrow etc. IMO that will give the SP a good kick."
    https://hotcopper.com.au/threads/mali-politics-again.6523932/page-241?post_id=59386108

    Thanks to Karl, I went to have another look at the Mali Mining portal:
    The Mali Online Repository was last synced 25th February 2022

    https://hotcopper.com.au/data/attachments/4129/4129146-700731a7d7ad53e8311db5ee74941d82.jpg

    Then from the map
    https://hotcopper.com.au/data/attachments/4129/4129178-c512a5c7299713347c76403bb45d46d5.jpg

    From the profile
    https://hotcopper.com.au/data/attachments/4129/4129184-80cf0a13e1165d565c9c61699255e21a.jpg


    https://hotcopper.com.au/data/attachments/4129/4129197-e32251eccf74007885fcaa4927562080.jpg

    I don't know about you, but it doesn't appear the licence has been transferred as yet.
    Which then leads me to believe that it isn't common knowledge in the public domain at all ....... at no point ANYWHERE is the licence mentioned as being transferred..

    Furthermore,
    In the Company's own announcements the Corporate Restructure needed to be completed before the Mining Licence could be transferred.
    re: The major remaining Condition Precedent to the formation of the Goulamina JV is the transfer of the Project Exploitation Licence to a single purpose Malian subsidiary as required by Malian legislation. An internal reorganisation of Firefinch subsidiaries is in progress to permit this transfer.

    These links will take you straight to our Timbuktu Resources SARL licences......
    https://mali.revenuedev.org/owner/5016
    https://mali.revenuedev.org/license/135310

    grow up indeed ......

    cheers

 
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