A timely reminder of how much FFX has achieved during Q1 2021, and that FFX has - for the most part - done what it said it was going to do.
The cash/cash equivalents/bullion position is reassuring.
The only minor concern I have is that gold production fell marginally short of the bottom of the guidance range (9.7k oz actual vs 10-10.5k oz forecast). Not a huge concern from where I'm sitting, but I wouldn't be surprised if the SP gets smashed as Mr Market overreacts to the negative and dismisses the positives as "already baked in" for the next couple of days at least. I hope to be proven wrong. If not, it may at least provide a top-up opportunity at prices we probably won't see for much longer.
All IMO. GLTAH.
- Forums
- ASX - By Stock
- FFX
- Ann: Quarterly Activities and Cashflow Report
Ann: Quarterly Activities and Cashflow Report, page-6
Featured News
Add FFX (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Will Souter, CFO
Will Souter
CFO
Previous Video
Next Video
SPONSORED BY The Market Online