FFX 0.00% 20.0¢ firefinch limited

What a year, page-90

  1. 6,821 Posts.
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    "Because BGS will not sell out without a royalty to some degree..."
    Back to the point, how can you possibly respond with this?
    Can you trust a management team that has arguably one of the best Lithium deposits globally and they are selling it in whatever size, shape or form it comes out, royalties or not!!
    Selling it without:
    1: A scoping study being released, it is my take that they will know the result of the scoping study and the extended time needed for the trading halt will divulge what it is, that will be the company update IMO and it will also make it justifiable that maybe the people buying would know the result.
    2: Results of the drill campaign, whereas again, my belief that the company, like everyone else that is a current or ex share holder knows what it will be and IMO the maiden resource will be upgraded to 22MT @ 1.6% with the purities remaining the same.

    As for the person that sold out too early, well I can think of 2, but 1 of them had a very big concern for managements ability, maybe with the current event that is taking place with GOOD reason.

    As for the conversations from the AGM, @Andyrooooooo @michaelbond89 did WW say "we will take it to mine" or "it will be taken to mine"?
    As well as the guarded comment of it being multiples of its share price.

    This is just my rant/raving on trying to understand why a company maker is being sold!
    Maybe BGS will go down as being notorious in years to come as being the one that let it all slip past their fingers.
 
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