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20.0¢ firefinch limited

Even if we take AUD$35-$40mil out.. still left with approx...

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newbieguy

1,823 Posts.

293

10/06/22

18:35

Post #: 61948831
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Originally posted by GARETH78 ↑

Cash is not $100m NOW.

Whats the estimate for the end of this quarter?

Based on the continuing dewatering and earthmoving we will move through a huge amount again this quarter.

TBH is the spending here being kept in check?? or is Mike throwing it all on black?

No debt Mike or Black Jack Mike???

FFX is spending coin at a rapid rate.

Needs to deliver bare minimum 20k Oz this quarter or the SP is well justified IMO.

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Even if we take AUD$35-$40mil out.. still left with approx $200mil give or take that’s currently not reflecting in the SP

Super undervalued.
You’ll see shorters starting to close their positions next week and this will start to climb again..

Last edited by newbieguy: 10/06/22

FFX Price at posting: 27.0¢ Sentiment: None Disclosure: Held
7 Upvote

0 Great analysis

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