FFX 0.00% 20.0¢ firefinch limited

Sprott initiates coverage of Firefinch, page-12

  1. 447 Posts.
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    The bottom of page 7 gives a tl;dr wrt Sprott's take on Morila:

    Why we like Firefinch
    1. 2.35Moz at 1.51g/t resource base gives potential for 10-year mine life at 150-200kozpa
    2. 20-year Morila production history with operating plant and infrastructure
    3. At depth and regional exploration potential with 685km 2 land package in Paleoproterozoic district
    4. Building strong management team and board and with experienced operating team in country

    Catalysts
    - Late April / Early May 2021: Updated mine plan
    - 2H21: Mill restart and production from satellites
    - 1H22: Re-commencement of mining from the Morila Main Pit

    I'll read the rest of the report properly tonight.

    DYOR etc.
 
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