FFX
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0.00% 20.0¢ firefinch limited

Sp $0.85 today implies that post demerger FFX share price is...

  1. kimho22
    1,196 Posts.
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    14/05/22
    00:03
    Post #: 61403530
    Sp $0.85 today implies that post demerger FFX share price is 0.35 cents, $0.35 x 1,180 million shares = $413m
    For the $413m company with more than $100m cash and 20% of LLL is around $160m.
    So $153m company with no debt, producing $200koz of gold annually. Profit of one year already pay off $153m.
    Then PE is 1. Anyone hasps a better calculation please give inputs
    FFX Price at posting: 85.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 25  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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