FFX 0.00% 20.0¢ firefinch limited

General discussion, page-8798

  1. 6,839 Posts.
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    I agree there would be an exit for the door, but after the dust settled surely it would stabilise around cash and cash equivalents, circa $35m cash and the LLL shares?

    $35,000,000 + $109,670,000 (210,941,543 @ $0.52 as at 1/5/23) = $144,670,000 / 1,182,846,577 (SOI) = $0.122c per share?

    Dependent on the project of course? Maybe a nickel play? JV with Widgie Nickel? They are short of cash, have some good projects and stubbed their toe on a Lithium deposit -- Faraday.

    see below







    cheers

 
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