FFX 0.00% 20.0¢ firefinch limited

Ann: Annual Report to shareholders, page-9

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ANNOUNCEMENT SPONSORED BY PLUS500
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  1. 9,757 Posts.
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    They're doing the very last of the old mine's tailings before starting on the fresh higher grade feed of the satellite pits. As this is likely the lowest grade material they will come across you would expect the costs to be high per ounce - and for that to change dramatically once the higher grade satellite feed comes into play. In addition I'd wonder if the costs of moving materials and preparing for the new mining are sunk into the current costs of production. I think it likely. If the costs are incurred this quarter they'd surely be accounted for in this quarter. Not an accountant though.
 
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