I've hit 7 pure 10 baggers in my time trading. This will be No. 8. Trade it if you want to.
FFX Webinaryesterday @ 34mins (below). TBH, you rarely see such a professional, informed presentation by management.
Q: Given the recent drilling 1700m at the Morila Superpit (2.2Moz gold) and satellite pits, should shareholders expect regular drilling updates?
A: [Dr Alistair Cowden] Hope to do that. Simon (Chief Geo) is pulling together all the coatings at the moment, the last assay results have come in today, I haven't seen them (for Morila Superpit). We will pull all that together into an ASX release and get that out very soon, ....and we will keep doing that, deposit by deposit as they become available.
Remember, this is the extension drilling of the ore body that produced 794,000 oz at a grade of 7.56g/t in 2003 (not a typo ), and hasn't been drilled seriously since (Gold price was $108US/oz then). Head grades at that time of over 20g/t. Also, Firefinch are the poster child for the Ministry of Mines right now, with the Minister visiting just last week! $200M MC, $350M plant and equipment in the Morila plant. Insanity.
Drill results out Monday, with announcement about demerger of Lithium asset bank, and JANUARY GOLD pour results! Or, get in before this afternoon's possible HALT!
27.5c, should be $1.80 on EV of just the Lithium alone. Add gold, and $3.00 is ultimate target.
THIS IS MY NO.1 PICK FOR NEXT WEEK GAINS.
Make your quarterly trading quota on Monday 15th February before 10:30am.
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