FFX 0.00% 20.0¢ firefinch limited

Not today pls., page-6

  1. 529 Posts.
    lightbulb Created with Sketch. 1
    You put an NPV on the lithium project of $166 million as base case. Thats a 70% discount from what it last traded at.


    If a new NPV comes out in the PFS at say $300 (which we all believe is possible, I won't get started on the economics of a carbonate plant just not to upset you ) and we compare our last trading value, that is a discount of 85%.


    That is purely the lithium project, that doesn't take into account the cash position, gold status or anything, just the lithium project alone could be valued at 7 times the company value.


 
watchlist Created with Sketch. Add FFX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.