FFX 0.00% 20.0¢ firefinch limited

Ann: Exceptional Widths of High Grade Lithium at Bougouni-BGS.AX, page-476

  1. 910 Posts.
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    Plus only 5% of the tonnage is below 1%, so why bother dropping your average grade for that low grade rubbish. Look on the tonnage/grade curve - at 1% cutoff, resource size is still above 14Mt. Also note that optimal grade for the resource appears to be ~1.7% so expect the reserve to be at a 1% or higher cutoff grade and only factoring the tonnes closer to surface that can fit in the pit shell which are of higher grade which will boost the grade even higher. Once more tonnage is proven up, dropping off some tonnes won't be a big deal for a significantly higher grade. Grade is king. 100Mt tonnes is unnecessary. Very pleased with the maiden resource - more to follow.
 
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