FFX 0.00% 20.0¢ firefinch limited

Ubique13, your Comparison Table provides a guide as to the value...

  1. 5,286 Posts.
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    Ubique13, your Comparison Table provides a guide as to the value of our Lithium resource. Maybe deserves a new thread to discuss value?
    I see AVZ and LTR were trading at 45% of NPV10(Attrib). The NPV is from the DFS. Our DFS was validated by by CHICO so has a higher level of reliability than the others.
    If we use 45% of of our DFS NPV10 (attrib) as a starting point we get a value of our Lithium at around $A677 mill.
    Again our DFS has been validated by CHICO and the market has determined the 45% as a % of NPV for a value estimate by reference to AVZ ans LTR.
    The BOD would not sell the resource for a lot less than the value the market gives to our peers. Holders would not allow this anyway.
    So i think a JV or spin off is likely.

 
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