Holy shit. Could 2021 finally be FFX's year to shine with commercial development of Goulamina?
Billions in value to be unlocked from Goulamina, I can't wait to see what the BOD have been working on in this space.
Also the gold update was fantastic.
Look forward to seeing the updated resource & reserve, then the mine plan.
My conservative guess for the initial plan (to be upgraded with further drilling):
Resource: ~2.3Moz resource
Reserve: ~1.8Moz
Production: ~180kozpa
LOM: ~10 years
AISC: ~$1,000
CAPEX: <$10M by starting with the high grade satellite deposits and staging the pit cut backs at Morila
IMO the market is waiting for confirmation of the above inputs, if they come in anywhere near those estimates, this cash cow is going to catch a bid.