FFX 0.00% 20.0¢ firefinch limited

Current SP and any other thoughts, page-7641

  1. 320 Posts.
    lightbulb Created with Sketch. 331
    Gold has hit $1900USD again, with continued lockdowns in Europe and likely to see a large stimulus in America after the election results have cleared resulting in further upward pressure on gold prices.

    Every $50USD above $1850USD gold price is an extra $1.3M USD of revenue for MLL based on pure tailings production.
    The forecast gold price of $1850USD means MLL revenue forecasts will undoubtedly be beaten quarter after quarter. Add in additional satellite feed which will further boost quarterly production forecasts.
    Management has essentially set themselves up to produce a constant stream of positive announcements following the start of production.
 
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.