FFM 1.20% 82.0¢ firefly metals ltd

Ann: High-Grade Gold JORC Inferred Resource 830,000oz @ 11.6 g/t, page-315

  1. 1,580 Posts.
    lightbulb Created with Sketch. 955
    Thanks for that link Agent86.

    Not so sure that comment from Far East Capital needing to raise money applies just yet after viewing that webinar.

    Their drilling costs in that interview are stated at $100-110 per metre so even with doubling of the drilling from 5k to 10k the cost is only $1m and their corporate overheads, director fees are some of the lowest I've ever heard of.
    These guys certainly have the skin in the games and limiting the cash burn to metres in the ground where it benefits themselves and all shareholders the most.

    I think they'll raise at some point but most likely after further assays come in and quite possibly after another jorc increase which one would think would be substantially higher prices
 
watchlist Created with Sketch. Add FFM (ASX) to my watchlist
(20min delay)
Last
82.0¢
Change
-0.010(1.20%)
Mkt cap ! $394.1M
Open High Low Value Volume
82.0¢ 82.5¢ 79.5¢ $736.6K 912.4K

Buyers (Bids)

No. Vol. Price($)
3 7495 80.5¢
 

Sellers (Offers)

Price($) Vol. No.
82.0¢ 4401 1
View Market Depth
Last trade - 16.10pm 15/07/2024 (20 minute delay) ?
FFM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.