FFX 0.00% 20.0¢ firefinch limited

LLL market cap will be $10m ? ? That is why shareholders should...

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    LLL market cap will be $10m ? ?

    That is why shareholders should be proactive and emailing the company continually to get answers to:
    • when the Financial Reports will be released,
    • reply to email today - they are still in progress to get the Financials Completed, so there is no information to timelines until that is completed.
    • there was also no information to what the delay is now.
    • when is the meeting
    • how are talks with ATO progressing
    • have the LLL shares distributed as soon as possible,
    • what (if any) undertaking will the company announce if the Tranche 1 payment for the LLL holding is paid prior to the LLL shares being distributed,
    • this will return $27,427,990 (base don T1 being $0.13)
    • which in turn will give a payment (if T1 monies are paid in full to shareholders) of $0.023 per FFX shares.
    • the company holding any cash payments from LLL is a scary thought, inclusive of the EGFT claim
    • hopefully, the LLL shares will be distributed prior to tranche 2 is paid by Ganfeng (if the above occurs)
    • they way things are looking, I doubt there will be any cash reserves post the Mali / Settlement / Contribution have all been concluded.

    cheers

 
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