@dazaliamToo f........ funny, thanks for the belly laugh .. .....

@dazaliam
Too f........ funny, thanks for the belly laugh .. .. .. ..

@WoodySpoon - I was a bit vague, re: SMSF but the transfer happened well in advance and it was moved to pension phase at the same time. Personal accountant, SMSF Accountant and advisor all agreed there would be no come back from the ATO.

Yes, pension phase as I am an old ..... person lol

Two other points you raised:
I am quietly confident of a project being presented to LLL shareholders, it is not the company's intent to wind it up, there is still some value for it to get re-admitted to the ASX. The cash balance at end of the December Quarter was $269,306,000 of which $207,200,000 was distributed to shareholders on the 31st January, leaving circa $62,000,000, even if a project isn't sourced they will still look to getting re-listed, they still have the Tranche 2 interest payments coming in as well as the royalties, but my guess there will be something attached to the Annual General Meeting notes .. .. .. .. but if not, there is little difference to being re-admitted from LLL's current position or if they are removed from the ASX, they will need to reapply and satisfy Chapters 1 & 2 of the listing rules.
~ although, Listing rule 3.4 - automatic removal of entities after an unacceptable period, it is the ASX's policy to remove an

• entity that has been suspended for a period of 2 years (we all know this)

Condensed version
ASX may agree to a short extension of the 1 and 2 year deadlines for automatic removal if an entity can demonstrate to ASX's satisfaction that tat is is in the final stages of implementing a transaction that will lead to the resumption of trading in its securities.
For these purposes, being in the final stages means;

• announced the transaction to the market
• signed definitive legal agreements for the transaction (including any financing required in respect of the transaction)
• if the transaction requires a prospectus or product disclosure statement to be lodged with ASIC; lodged that document with ASIC and is not the subject of a stop order
• if the transaction requires approval be security holders

The extension, if granted will usually be no more than 3 months, ASX satisfied the entity is reasonably capable to consummate the transaction.

For the full version of the above:
https://www.asx.com.au/documents/rules/gn33_removal_of_entities.pdf



I haven't asked FFX Board / Management yet how they will be voting on any resolutions, it will more than likely be meet with, "we will decide which way to vote in the best interests, for and on behalf of Firefinch shareholders" as last time.