Long term forecasts for lithium and gold are both extremely bullish and FFX is right now building a very deliberate and linear approach to extracting gold out of nearby satellites to feed the mill.
How exciting is Koting? I am very interested to see what results that brings in addition to some higher grade blend from Domba and surrounds. Imagine blending some head grade to get 1.5-3g/t?
We could also hit some 3-5g/t zones and of course another unicorn grade 5+g/t zone ..
FFX still needs to spend a lot of cash on the mill to get it where it needs to be but has a nice combination of cash on hand and revenue coming in so will be interesting to see how this takes place..
Should hear about the lithium opportunity next week as well quarterly due by Friday...
Going to buy one last chunk expecting some positive money flow anticipating a strong quarterly!
Hopefully they clear up the tax overhang as well very quickly.
Re-rate opportunities all around!
FFX Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held
