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.
FFX Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held