Agree, this is bloody traumatic. I have tried to retain optimism...

  1. 6,574 Posts.
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    Agree, this is bloody traumatic. I have tried to retain optimism but its being stretched.
    The rumor mill has been flying. The delays are fuelling them.
    IMO, we are only of use to Mali until the plant is completed and commissioned. If we have not settled by that stage and there is a permit withdrawal threat we have no option but to sell our share of Goulamina.
    We have generally assumed (me anyway) that Mali will approach settlement discussions rationally and in good faith. Is their real agenda even to settle?
    Have Mali told us what they want, if so you can bet its a rediculous sum of $.
    Holders will probably jump at 70 cents if there is not settlement by plant construction date. Its still a rip off.
    To rub salt into our wounds FFX may hand over the bulk of the $30 mill cash to Mali to solve their issues. I would not mind this however if it leads to a quick LLL settlement as well and we can trade.
    Nothing at all adds up in this ongoing saga.
 
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