FFX 0.00% 20.0¢ firefinch limited

$1.00+ Target: ASX's latest GOLD producer & Lithium Giant, page-52

  1. 4,111 Posts.
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    If you google the average wage for Mali, you'll find it's $1500pa for a skilled worker.
    This is one reason African miners are able to keep their AISC below Australian producers.
    You can get $100k pa driving a bus in Kalgoorlie!

    We had 135 staff & 350-400 contractors when we took over the operation.
    A company like Alkane Resources (Aust producer 45-50k oz pa) has 157 employees. (also $570m mkt cap)
    Multiply that by $100k each and you're talking serious money.
 
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