FFX 0.00% 20.0¢ firefinch limited

looks like a 50mT+ deposit, page-91

  1. 7,161 Posts.
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    I don't know if anyone has commented but I recall Randgold publicly stating they had a couple of juniors that "wanted too much" for their gold a couple years back..always thought Bgs was one of them! Aptayl did a great job filling in some charts and myself and a couple of others had Bgs calculated by in situ values in the $10s mills back even before viper came along...so ev ratio now must be very good!?

    I can see a metaphorical lever here getting longer and longer in Bgs favour for their gold...it's really a very low capex option for some cash in the door....

    I don't know if RG tried to screw Bgs over or how the relationship was (I know they had a first right of refusal though as part of the MOU) but I always assumed it wasn't hot...no JORC, no further infill? So good on KJ if he can pull this lithium play off - I feel it's a play..KJ is a gold bug?? But maybe it's legit after all..

    Has Bgs changed Corp strategy from being a self funded explorer? That's what got me hooked in the first place...having a gun geo flushed with cash doing what he is meant to be doin...

    Ntiola $23-$28m
    Cash cost 459/550/oz
    Last edited by ryobal: 13/10/16
 
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