FFX 0.00% 20.0¢ firefinch limited

Ann: Exceptional Widths of High Grade Lithium at Bougouni-BGS.AX, page-477

  1. 4,528 Posts.
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    What your referring to, is a good problem to have... remembering we only had 5k of drilling, and the majority of that in the narrowest of the two high grade zones...

    The Western Zone will be proven up more effectively with step out drilling and move afew million tonnes of inferred to indicated giving the next Jorc update in March-April a real understanding of potential...

    I personally have my suspicion that management wanted to keep the resource below 250k due to the option clause...more a coincidence than anything, as the Western Zone proved higher and wider grade than anticipated...

    The benefit of diluting the resource below average grade is to ensure credibility and honesty with reporting as much as it is to raise resource tonnage...the next round will nodoubt bring up our grade without needing to increase overall resource as West's will be the standpoint...
 
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