FFX 0.00% 20.0¢ firefinch limited

Hi tom,Figures are correct with the exception of the cash in...

  1. 1,210 Posts.
    lightbulb Created with Sketch. 1034
    Hi tom,

    Figures are correct with the exception of the cash in bank, $100m was cash at start of quarter and we bought our shares in LEO $20m but Leo owed us around the $10m mark, expenses for this quarter as well ???? unknown but should come in at around lets say between 15/20 million and then you have profits from 20,000 ounces of gold to facture in as well. So no one is too sure what the cash at hand is going to be, my estimate after sale of gold etc is between $75/80ish million in the bank. All in costs will have risen as well due to high diesel price but oil has been heading south and is nearly back under $100 per barrel. Still very profitable going forward and on target to be cash flow positive very soon.


    All imo and DYOR
    REGARDS
    FINN
 
watchlist Created with Sketch. Add FFX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.