FFX 0.00% 20.0¢ firefinch limited

Share your f’casts: First day prices: FFX-gold and LLL, page-21

  1. 5,904 Posts.
    lightbulb Created with Sketch. 906
    10c thats funny
    so FFX value is zero because at 70c for LLL the FFX share of LLL is $150 mill and they have $100 mill cash and a plant worth $300 mill and are about to go cashflow positive.
    load up your truck at 10c ladies and gents

    45c is true value for FFX based on yesterdays close.
    gold up over night
    maybe it will be higher but knowing the games that go on here.... i will say 40c close

    LLL $1
  2. 69 Posts.
    lightbulb Created with Sketch. 14
    $1 for LLL when it trades
    $0.40 at the close today for FFX

    $0.40 is still very cheap for FFX- its got cash & is producing gold. Yes they are drawing down on that cash reserve through expanding the mining footprint & bringing the super pit online but there should be enough money to get it to that 200koz production mark. Russia in the Ukraine & inflation should support the gold price so as long as it stays around USD1800-2000 then $0.40 is cheap.
 
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