LOL - I’d agree the talent pool in Perth is severely limited and most steal a very good living on very limited skills, our lot included. That some on our BOD put ‘expertise in capital markets’ on their bios while we constantly went to the worst penny flipping instos at big discounts remains darkly hilarious.
Though the new MD may be ok IDK…certainly an improvement on the last two so far.
I guess they saw the process of outsourcing their job work for the lithium JV and hope lightening strikes twice.
My concern remains getting capital here back, AND the effect this process has on LLL. A cheap take over there would be catastrophic. Waiting till end of escrow solves both of my concerns AND maximises my investment returns in not much more that 15 months now.
A cheap takeover of LLL on the back of flogging FFX and it’s holding to the wrong party would cement Alistair Cowden place at the very top of worst asx company leaders of all time.
Conversely most of us can still exit FFX with good gains if the current BOD play it right from here.
FFX Price at posting:
20.0¢ Sentiment: None Disclosure: Not Held
