FFX 0.00% 20.0¢ firefinch limited

Ann: First month of gold production and update on activities, page-94

  1. 4,047 Posts.
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    The market sees us as a company treating tailings.
    This is true, we're treating low grade 0.46g/t with only about a 50% recovery rate.

    Wait till we start treating the satellites at a grade of 1.38g/t with a recovery rate in the 90s
    We're comparing approx 0.22g/t produced presently with 1.24g/t
    Thats over 5 fold the produced gold per tonne.

    Then we prove up the reserves giving a say 10 year mine life.
    The share price will be more like 50c than 16c.
 
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Currently unlisted public company.

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