FFX 0.00% 20.0¢ firefinch limited

Ann: First month of gold production and update on activities, page-87

  1. 3,043 Posts.
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    imo - larger investors and instos won't touch this until they see either of two things:

    1. Proof the mine can be recomissioned with either the satellites or Morila itself as feed, and for that feed to be sufficient to last several years. (currently it's a tailings operation, c/f positive, but it's fast running out of ore). We know that Morila has a long history as a producer, but not under our watch.

    2. Movement on the lithium project - a strong signal that it hasn't been morhballed. (I'm hopeful Borg is agitating for progress...)

    For me it's all about the ticking of boxes along the way (draining the lake, power etc) that won't excite those larger investors but at least will give us retailers confidence they are on track and know what they're doing.
 
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