FFX 0.00% 20.0¢ firefinch limited

Ann: Goulamina Lithium Project Update, page-32

  1. 43 Posts.
    Completely agree. With the finishing line so close, suddenly the need for more drilling and bench work is thrown onto the track. What intrigues me is who the 'third party' is who has recommended yet more drilling... and why. IMHO it can only be the Chinese - who else could it be? And why? Maybe, to either get the two miners aligned (such that there can be a single processing plant) and/or to delay extraction and processing until a Chinese owned refinery and battery manufactory has been built somewhere in the Dark Continent. Transport costs weigh heavily (accounting for a third of the total cost) and can be mitigated by keeping battery production as close to source as possible. This will also have the added benefit of cheap(er) labour costs. If that's so, then the $64 question is 'where'? And, more importantly, 'when'?
 
watchlist Created with Sketch. Add FFX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.