FFX 0.00% 20.0¢ firefinch limited

In order to breakeven pre demerger when FFX was $1.10 FFX needs...

  1. 1,824 Posts.
    lightbulb Created with Sketch. 293
    In order to breakeven pre demerger when FFX was $1.10
    FFX needs to hit 50c and LLL to hit 85c.. approx

    Current scenario
    FFX - 20c @ $236mil
    LLL - 50c @ $622mil

    FFX - gold producer
    20% stake in LLL - $125mil
    Cash- $70mil approx
    Infrastructure - $150-200mil
    Total -$350-400mil plus
    Producing 100kozpa this year - 80-100mil profit approx
    I’m left very confused.. we should be atleast double-triple the mcap where we are today .. what are we missing here ?
 
watchlist Created with Sketch. Add FFX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.