Just a question: Why would the new owner, who for all accounts will be either SOREM or the West African Mining Contractor want to extend service contracts for what they can do themselves?
Yep, I don't know why it came up either, but lets say we did get a NSR, Firefinch will be long delisted by then; - automatic delisting occurs on the 27th June 2024 - the company will not be granted an extension as it doesn't (at this point in time) qualify for one, and from my understanding it is only for 3 months to finalise any transactions/acquisitions/JV's etc. ~ we will still be shareholders though
But by that time we will have either; ~ entered a Corporate Transaction for what is left of the cash/and the escrow shares; or ~ had the remaining cash (if any) returned to shareholders and waiting out the escrow period to have the LLL shares distributed. ++ if it is the later, then the following might be of interest .. .. ..
~ maybe they should be looking at "mines on line" this might suit .. .. .. ..
cheers
FFX Price at posting:
20.0¢ Sentiment: None Disclosure: Held
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