FFX 0.00% 20.0¢ firefinch limited

General discussion, page-900

  1. 766 Posts.
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    RB, enjoy your posts, so please don't take this as a personal attack on you. But the criticism is not "doomsday" it isn't speculating a failed investment thesis, it isn't even constant or consistent. It is purely around performance of the SP. Which is not good enough. Further to this, we were initially told the a single CR and a portion of debt financing would cover the ramp up. Now the guys are asking for a further $25m. Which means they over spent their budget. Further, debt financing has not been completed yet. A lot of fan girling is going for the board despite being the market laggard on two of Africa's most exciting executable projects.

    Firefinch is the single most exciting west African mining development story. Yet we're being treated like the cleft lipped red headed step child in the market, and when we do get noticed, we are sold down. This isn't dooms day. This is performance as an investment asset which is currently costing money when one looks at the opportunity cost.

    Absolute trash projects have a B in front of their market cap. Africas most exiting development story should be drawing that B. Twice. It ain't doomsday. It's just straight up opportunity cost and the missing of the bull run hype - of two commodities.
 
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