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Firefinch Provides Response to ASX Aware Letter

04 Aug 2022  |  13:25:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Response to ASX Aware Letter

Firefinch provided response to ASX Aware Letter stating that as noted in the 12 July Letter, the Company put in place various strategies to mitigate the effect of the delayed delivery of equipment, including the engagement of an additional local contractor that was not linked to an ECOWAS jurisdiction and requiring existing contractors to deploy additional local plant and equipment. At the time the Company reaffirmed its calendar year production guidance in May 2022, it considered that these measures had proven generally effective at mitigating the impact of the delayed delivery of the new equipment and resulting equipment availability issues on operations at Morila. The Company confirmed that it is in compliance with the Listing Rules and, in particular, Listing Rule 3.1.

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