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Firefinch Announces Binding Agreement for Potential Value Delivery to Shareholders — ASX:FFX| ASX Mining News & Discussion
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$FFX Firefinch Announces Binding Agreement for Potential Value Delivery to Shareholders
Firefinch Limited, an Australian mining company, enters into a binding agreement for the sale of assets to provide value and liquidity to its shareholders

Firefinch Limited has taken a significant step towards delivering value and liquidity to its shareholders with the announcement of a binding agreement. The company has entered into an agreement with a preferred bidder for a potential transaction that involves the sale of its shares in Leo Lithium Limited and its interests in the Morila Gold Project in Mali.

Unlocking Shareholder Value through Asset Sales

Under the terms of the agreement, Firefinch will sell all of its shares in Leo Lithium Limited, which holds the Goulamina Lithium Project in Mali. The sale price per share is set at $0.60, amounting to a total consideration of $171 million. This transaction provides an opportunity for Firefinch to monetise its investment in the lithium project and deliver value to its shareholders.

Additionally, Firefinch will ...
Firefinch Announces Binding Agreement for Potential Value Delivery to Shareholders

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Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
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Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?