Morning trading February 9, page-44

  1. 2,038 Posts.
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    Now, don't get your F_Xs crossed this morning.

    FRX is a comms company worth about $48M, with $2.8M in the bank, losing money, with a whole lot of speccy, future, revenue.

    FFX is a gold producer that upgraded it's resource by 1Moz yesterday, on measured and indicated, for a total of 2.2Moz with production having commence in October for an annual profit of $170M+ (190,000 oz at an AISC of $1000 USD) and an MC of $250, and $30M in the bank, and enough gold in the tailings to free carry full plant commissioning. Morila the Gorilla! MULTI BAGGER! Yearly profit= current MC. No brainer.

    STRONG open, and 22c capper from yesterday GONE! Expect a push into the 30s, before 80c rerate on earnings!
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    FFX, this is happening while you trade!
    https://hotcopper.com.au/data/attachments/2886/2886362-36daac48af3e0ecf1d03ee09ef72a591.jpg

    Last edited by traz: 09/02/21
 
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