Sprott initiates coverage of Firefinch, page-15

Good research by Sprott, but conservative, because it may be undervaluing Morila when the mine is producing +150k ozpa.

If you look at current ASX gold companies producing 150koz, then all of them are at or above a market cap of $800 million. So the Sprott estimate of 50c might be under by at least a half.

At production of around 150koz, an estimate of the share price should be approximately near $1.15 according to my (very rough) calculations.

Gw