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The Firefinch Fiasco (Money of Mine Analysis), page-15

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dazaliam

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20/08/23

09:33

Post #: 69439468
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Originally posted by manny100 ↑

In relation to the suspension i think there are 3 possible scenarios:
1. Talks end well with no change to the status quo,
2. Our licence is revoked and we are granted a new license under the new mining law,
3. Shonky behind the scenes maneuvering by various parties and our license is revoked with no hope of renewal. Clearly the worse case scenario with low probability but never the less is a scenario until we are given more information. The FFX debacle however keeps this scenario alive as it would have left a very bad taste in the mouth of Mali. No further comment on this scenario.
We will know more tomorrow should Simon provide us with more detail. Its looking like a continuation of the suspension.
This bloody well better end up ok.

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Mali want Leo running the game:

"It wants to force the company to start the transformation phase in Mali as a means to generate local added value ..."

FFX Price at posting: 20.0¢ Sentiment: Hold Disclosure: Held
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The Firefinch Fiasco (Money of Mine Analysis), page-15

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