FFX 0.00% 20.0¢ firefinch limited

Ann: December Quarter Activities Report, page-7

  1. 2,672 Posts.
    lightbulb Created with Sketch. 2521
    My key take away points:

    - Logistics and Power cost reductions seem to be on track... very nice...
    - Resource drilling ongoing and expanded to April, so resource will continue to grow... very nice...
    - Fast track commitment for 2020 reiterated... lovely jubbly
    - Gold getting auger attention now... very nice
    - cash balance just too good.

    Expecting a 50-60mt JORC in the next revision... (Exploration target of 80-100mt)... knowing that we are easily sitting on 100mt....

    PFS seems like its being set up for a 15-20yr LOM at 2mpta... so I gather a deal will be done on this scenario, with the carrot of upside doing a 4mpta as the resource grows...

    I reckon this AGM is going to have champagne flying.

    Il be there.
 
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