Not happy with the AISC ... FFX will need to work out how to become a miner not an explorer. $1300-$1500 is disgustingly high ...and introduces a new level of risk. not happy that randgold could operate at 1100 and under and be a much bigger beast...
Not a happy holder right now with a lithium deposit a long way away from doing a deal on.... this might suffer next few weeks until updates...
the resource upgrade by adjusting the cut off isn't really going to help if the business is only making a couple of hundred bucks an ounce on low volume might as well not bother...
When companies are doing deals and operating like guns you get upside to SP, no wonder why SP is lingering... i will be reassessing but will be most likely de-risking my 1m shares next week as the AISC and risk on major mine upgrade due to failure is way too high... you need a lot more cash if a major component fails in mining... and running at a loss is not good.
Ann: Quarterly Activities Report, page-30
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