Firstly, you are doing exactly the same as you are accusing...

Firstly, you are doing exactly the same as you are accusing others of doing .... re: "Captain Hindsight"

What the board could have done, bearing in mind the Company didn't bother to advise the government of their decision to cease funding, and according to mine workers (linkedin 15th July), mine management eventually had to ask the government for assistance, and just maybe thats when FFX received the first correspondence from the GoV because up to that point there appeared to be no resistance from the government for the proposed sale.
~ 30 June 2023 the company had a West African buyer
~ 17th July 2023, correspondence received Government not approving a sale

Funds: Did they
~ consult with the Malian government for temporary tax relief?
~ ask the government to assist via a contribution to funding. they were 20% owners
~ apply for Government bonds (interest rate on issuance 6%)
~ source a revolving credit facility?
~ long term loan facility?
** My guess is nah, they were busy turning over stones .. .. .. and updating the mineral resource and a revised 18 month Medium term production plan all preceding the announcement to sell the Recapitalisation Package?
** The MTPP had AISC over the 18 month period at US$1,425 oz BUT this incorporated regional drilling campaigns, more waste stripping from MSP

Did they really have no avenue for funds, or do we just believe the boards say so? too hard basket and they might have to do something?
**Resolute mining didn't have much of a problem with raising funds via LTL or RCF methods.

Why did they include extinguishing debt to ME-IM as part of the Recapitalisation, if contractor under performance was cited as a reason (ASX Aware letter) for missing the June 2022 quarterly production target which forced them to withdraw yearly guidance?
What did the Company do to improve production at the mine as included in the September 2022 quarterly they had a "record month of gold production" for August ....
~ also bear in mind that the mine manager via LinkedIn claimed a production record for December

Do we believe anything management has said as they cited (aware letters)
~ ECOWAS sanctions - although previously denied sanctions were having an effect
~ contractor performance to the point of engaging a 3rd mining contractor to mitigate current contractors under performance,

~ to finally admitting that they faced significant operational issues at the Morila mine where it wasn't meeting forecast production targets.
** from Chairmans address to shareholders post walking out.
~ Indicators of it being plant related operational issues was the amount of $81m required for process plant reliability, tailing repatriation and dam lift plus initial work on the SAG mill upgrade as per the Recapitalisation Package announcement.

As for POG,
At the time the company announced the Recapitalisation Package, Gold was US$1,665 oz, when they withdrew US$1,623 with an AISC of US$1,210
When they announced the withdrawal of funding the POG was US$1,676 and by end of 2022 it was US1,816 and at end of 2023 US$2,014 oz and currently sits at US$2,234 oz, using POG as an excuse is/was BS.

How did the mine manage to continue operations for a further 13 months without FFX funding and pay down some contractor debt?

Anderson and Cowden getting on a plane to do exactly what, tell the Government that they are having plant problems and we are not going to meet guidance?
- it was 12 months after they had departed that the problems with the government surfaced, thats why humpty dumpty Lowe went
--- oh wait not went to Mali but went
(i) to Canada on holidays and bumped into the Minister of Mines
(ii) out the door "running" and (iii) straight to the bank to cash his check

Hindsight is such a wonderful tool eh?
With todays POG, the Morila mine would be making US$1,000 oz profit over AISC - just saying lol

cheers