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20.0¢ firefinch limited

Ann: Quarterly Activities and Cashflow Report, page-19

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Handy777

1,336 Posts.

313

28/04/21

09:28

Post #: 52770862
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Originally posted by tone76: ↑

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.

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Good quarter to be below guidance though with gold price dropping a bit.

Learn from it and nail this quarter now that gold is firing again.

Could even have been deliberate and don’t think the market will mind.

FFX Price at posting: 34.0¢ Sentiment: Buy Disclosure: Held
14 Upvote

0 Great analysis

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