Hi All, The more time goes on with no news coming from the FFX board, the more I suspect that they are in a "lock down period" due to advance talks of a possible takeover of the entire company.
My reasoning for this is , lack of news, funds climbing on board, cash producing , immense future earnings from gold and lithium and the huge similarity between FFX and KDR. Woolies (Wesfarmers) got into KDR because they had a partner (SQM) who was fronting up 50% of the bills for the project. sound familiar, Ganfeng are our partners fronting up the Monies, as big as if not bigger than SQM.
We are walking around with a huge come buy me target on our heads , question is who is going to swallow us up and at what price.
Regards FINN
FFX Price at posting:
63.5¢ Sentiment: Buy Disclosure: Held