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Ann: Presentation -A$47M Equity Raising to Drive Ramp-up atMorila, page-168

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dazaliam

5,987 Posts.

1961

25/06/21

15:35

Post #: 54076043
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Originally posted by tone76 ↑

A key reason why I see FFX's SP heading south in the short term is the lack of understanding wrt what a CR actually means. We've already seen "bUt ThE dIlUtIoN" rants coming from one poster virtually non-stop, and I have no doubt that the big end of town will try and scare the little guys into parting with their FFX shares for cheap.

Between this and POG having a few conniptions at the moment, I stick by my (admittedly) bearish post earlier ITT suggesting we'll probably be back in the low 30s (and possibly even lower) before we're back on our merry way upwards. It could be a couple of days or a couple of weeks. I don't see it taking months though.

Nothing else has changed wrt to FFX's fundmentals, which is why I don't see the LT trend changing. I just see a potential buying opportunity for the little guy to get one over on the big guys in the very near future, but not just yet.

All IMO.

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I'll step in here:

"Nothing else has changed wrt to FFX's fundmentals,"

Yes it has, we are now FULLY FUNDED to advance both projects at speed.

FFX Price at posting: 45.0¢ Sentiment: Buy Disclosure: Held
20 Upvote

0 Great analysis

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