Ok, so no new information to substantiate that.

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JSB007

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17/10/23

13:32

Post #: 70386859
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Originally posted by WoodySpoon: ↑

1. We have a sale price of zero dollars on Morilla.
2. We had two bidders.
3. Our preferred bidder was rejected by Mali Gov.
4. Their preferred bidder in discussions, but no progress after months. Why?

It stands to reason they Gov are insisting on something more from our end. Otherwise the deal would have been done given there is no issue with the price. What else is there to haggle over? Mali Interim Gov must be after us to pay for things like enviro bond, mine closure bond, etc etc - particularly when you read between the lines of the new mining code which makes paying into a fund for those things a requirement from here on.

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Ok, so no new information to substantiate that.

FFX Price at posting: 20.0¢ Sentiment: None Disclosure: Held
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Ok, so no new information to substantiate that.

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