Are there already plans when $FFX Firefinch will be tradable again? It has been suspended for a long time now.
FirefinchAU0000114522FFXFFX
This doesn’t sound as good news, recapitalisation is cancelled, the gold mine in difficulties even thou production is ongoing :
”Accordingly, the Board has determined that Firefinch can no longer continue to fund
Morila SA to operate the Morila Gold Mine.
The board of directors of Morila SA has been notified of Firefinch’s position regarding ongoing funding. Firefinch expects that Morila SA will enter a Malian insolvency process in the immediate term.
Accordingly, Firefinch expects to write down its investment in the Morila Gold Project to nil.”
Source : https://www.investi.com.au/api/announcements/ffx/86a191c2-8e0.pdf
and
https://www.miningreview.com/gold/recapitalisation-plan-for-morila-gold-mine-will-not-proceed/?amp=1
Suspension maintained to end November
source : https://www.investi.com.au/api/announcements/ffx/e67da676-c8d.pdf
Firefinch to produce 180,000 ounces from October 2022 to March 2024
source : https://www.investi.com.au/api/announcements/ffx/7061f645-490.pdf
Firefinch seeking to raise at least A$90 million with the issue of 1,5 billion new shares at a price of A$0,06
source : https://www.investi.com.au/api/announcements/ffx/72372474-db5.pdf
And here’s the link for their presentation if you care
https://www.investi.com.au/api/announcements/ffx/de64df1e-167.pdf
Voluntary Suspension maintained until end October.
source : https://www.investi.com.au/api/announcements/ffx/74825311-17c.pdf