i rewatched that section and the question appears written on screen "will Morila capex be funded by spin out", as opposed to talking about Goulamina capex.
indeed, the spin out main goal is to realise hidden value, unlock value from Goulamina. separate it from gold is first step, funding capex is a big second step.
FFX Price at posting:
48.5¢ Sentiment: Buy Disclosure: Held