I hear FFX is correlated heavily to the spot gold price.
Today we shall test this hypothesis..big move in US$ spot and $46 move up in AUD
I don't think the greater market knows what we have, globally this asset is a steal and in combination a listed stock in us may already be $1 b imo... Poor little ASX doesn't have many investors prepared to spend on African projects.. history has shown WA projects start and continue to be comparitively overvalued so being a contrarion on the ASX makes you a loser. Hope this changes.
FFX Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held