FHS 0.00% 0.5¢ freehill mining limited.

Ann: Assays Confirm More High Grade Magnetite at Yerbas Buenas, page-7

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  1. 1,221 Posts.
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    General thoughts having read the Quarterly:

    Look at those samples!!! wow...nice colour to say the very least!!!

    Also encouraging to see a willingness of debt providers to get involved, despite the interest rate (which is at the lower end, I've seen mid teens for a company this size and maturity previously). Cashflow still an issue, but cash burn is typical for juniors trying to prove up a JORC with no revenue generation to offset the spending.

    Market action so far also encouraging that despite the heavy presence at 0.014, the buy side keeps getting re-filled with 1m share orders at the 0.013 level...big orders relatively speaking for a company this size with virtually no "presence" as a speculative emerging player. Fills me with confidence this might be worth sticking the course a little longer.AIMO GLTAH...exciting quarter of result ahead.
 
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