Reply to second letter:
Dear Frank,
Thank you for your email. I am seeking some further guidance on what information I can provide. Ot is a very sensitive situation at the moment, so we are limited in what information we can provide.
Regards
Michael
(for those that don't know, Michael Weir; Citadel-Magnus, FFX PR firm)
Our response:
(all I can say is Franky has more patience than I, he waited 3 days before sending the reply)
Dear Michael,
With respect, the company has been in suspension for 20 months, and for the last 14 months of that time shareholders have been given minimal information nor seen a possible resolution to the ongoing issues with the Mali Government.
The Company has repeatedly given shareholders assurances that the discussions are in good faith and have further reiterated that, "Firefinch is not party to any agreements between Morila SA and its vendors and suppliers, nor is there any agreement between Firefinch and Morila SA that would require Firefinch to either continue to fund Morila SA, nor meet its debt (a fact recognised in the deconsolidation of the FFX balance sheet in the announced audited accounts).
However, finding a new owner for Morila SA is being pursued in the interest of a range of stakeholders, including employees, community and the Government of Mali.
The Leo Lithium shares come out of escrow on 24 June 2024.
The company is scheduled to be delisted from the ASX on 1 July 2024 I am advised.
Furthermore, a lot of the questions we have posed on behalf of the substantial shareholder group are for clarification/s of statements made by the board of Firefinch Limited themselves.
The questions have no relevance to any "sensitive" discussions taking place with the Mali Government, as they relate to the "Process".
The current Executive Chairman stated (at the AGM) the directors were/are and will always be available to discuss shareholder concern, either by email, phone or drop into the office.
When a shareholder, or a shareholder group representative tries to action the undertaking of directors being available, it appears to not be the case.
Where are they now Michael?
Yours sincerely,
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