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20.0¢ firefinch limited

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hades86

2,619 Posts.

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22/08/23

14:44

Post #: 69480237
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Originally posted by fooca: ↑

I don't have any issues with the changeovers (if there is total board change)

The Directors will act in a professional manner being registered as a Director of AICD
Gilbert & Tobin will remain as the Company lawyers, they are engaged by Firefinch Limited and not specifically to any given director/manager.
Treadstone Resource Partners will remain -- as above
Company Secretary will possibly resign, but again, he is employed by Firefinch Limited and not any specific director/manager.
~ opinion only: it would be unprofessional to resign "ad hoc" as some sort of allegiance being a partner of Geneva Partners with Fraser.
~ there are a lot of companies that provide secretarial and compliance services

Citadel-Magnus depending on Contract will probably be no longer required.

They will probably get the bare minimum, and realistically, what would they have to hand over:

Welcome "new directors" this is where we sort of messed up with:
(a) Morila
(b) Mali government
(c) everything else we touched
(d) you won't have any problems finding a Managing Director, we pay well
(e) oh and you will probably need an office
(f) good luck

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More like "Thank You. f* You. Bye." on the way out based on how hostile they've been.

Last edited by hades86: 22/08/23

FFX Price at posting: 20.0¢ Sentiment: Hold Disclosure: Held
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