FFM 0.00% 80.0¢ firefly metals ltd

ffm chart, page-98

  1. 950 Posts.
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    the copper price is good for any actual or near producers, but not much good for any explorers due to the long timeline to actually produce copper ( i think average find to mine period is 10+ years ). I cannot see FFM being able to get into production for a decade, thus large capex, no dividends. Only possible short term positive is if a current producer sees our tenements as so good they make a takeover offer at large premium.

 
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