Ann: First month of gold production and update on activities, page-19

Executive Chairman of Firefinch, Dr Alistair Cowden, commented:

“We are delighted that Morila has transitioned to Firefinch ownership without incident, the tailings operations are robust and producing good cashflow to fund plant refurbishment and other activities. We hope to update the market on definitive milestones on the path to resume open pit mining in coming months.”

This sums it up exactly how it is ...

One, he’s commented on the transition ... This is no easy task when you consider how separated we are due to Covid.

Two, the tailing are simply cashflow at the moment.

Three, update the market on definitive milestones ... from memory there’s was more drilling rigs coming on site at the end of November, also remember there’s a quick turnaround in lab results.

Four, Most importantly ... We are on path to resume open pit mining.

AC has done an amazing job ... he’s done/doing it exactly as has he talked about in the General meeting.

The only thing that he not account for was this ridiculous price controlling.


Eventually it will stop ... in the meantime it gives us opportunities.


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