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04/05/23
09:50
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Originally posted by Karl89:
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I’ll agree to disagree. the 6c raise was a disgrace I believe was brought on by management with little care for the best interest for current shareholders and perhaps threats of legal action from MEIM. 12c+ should have always been the target…. Even 15c with a eg 25c option attached I know you didn’t buy into FFX for the gold and understand your best case situation would have been to get whatever you could out ages ago at whatever price and move on. Your strategy your choice, not problem, however I reasonably believe even if FFX had continued on without issue, you would not still be a shareholder. the way I look at it now is if Morila was for sale now as is, and I was a shareholder of a 2 bit gold junior in mali that had tenemants nearby and the potential to buy Morila arose with a large raise (as what happened with FFX did all those years ago), I’d be quite interested as a shareholder.
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Did we even get Q2/q3 production results for last year given we funded until November, the funny thing is q4 was apparently a record which involved the recap being pulled almost half way through the quarter