FFX 0.00% 20.0¢ firefinch limited

General discussion, page-7670

  1. 2,391 Posts.
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    Some good points being raise today by several posters.

    We have all been put through the wringer these past 6 months with the under performance of operations at the Morilla Gold mine.

    What the board and management are currently doing now and going forward is all that matters IMHO.

    We cant change the past but given the arrival of new equipment ordered last year should be well underway or fully completed, operational efficiency and performance at the mine will improve considerably.

    A new and well experienced leader will soon be in place so there is reason for optimism.

    Fortunately the increase in value of the LLL shares owned by FFX is unlikely to stop any time soon. All the indicators are a lithium price to remain at elevated levels for the next 5 years or more. Just look at the performance of other lithium producers like PLS. Therefore it is quite possible that the value of the LLL shares owned by FFX will double in the next 12 months. This is indeed a very fortunate thing to be happening right now when operations at Morilla have underperformed.


    Assuming competent management is now in place we have reason to expect a significant uplift in value of our FFX shares.

    Cheers W2
 
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