FFX 0.00% 20.0¢ firefinch limited

Buyers have reappeared now at 33.5 cents, page-79

  1. 122 Posts.
    Posted on the LSE KOD BB. (Your neighbour lol)

    Been looking at BGS for a comparison, so will let you all decide who has the best seat.

    Shares in issue:
    KOD 5220M
    BGS 215M
    Each 24 KOD shares = 1 BGS

    SP:
    KOD 0.0047p
    BGS 0.366 cents (22.88p @ exchange of $1.6A to a £1)

    MarketCap
    KOD £24.5M
    BGS £45.19M equivalent

    Land area:
    KOD 609sq klms (500 + 109)
    BGS 250sq klms

    Li veins:
    KOD Up to 14 with at least 3 veins confirmed
    BGS Poss 2, 2nd being to the West of main find

    Gold:
    KOD - 2 JV's already in place with Newcrest and Resolute + other concession areas.
    BGS - Ownership of 3 prospect areas

    In conclusion.
    BGS are value at just under twice our M/C but have the advantage of a JORC report already in existence awaiting a Scoping Study which should allow their Cap to rise.

    KOD also awaiting imminent news on both Li latest drilling and possible gold venture updates.

    Looking good...
 
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