Ann: December 2020 Quarter Gold Production, page-65

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HealthPro777

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08/01/21

13:46

Post #: 50035721
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Originally posted by tone76: ↑

Quite.

As someone that's still underwater as a result of buying during the BGS era, I'm just as keen as everyone else to see FFX succeed. Whilst early signs of FFX working Morila appear to be very positive, we're only about 2 months in. Once FFX has a longer track record of not only producing gold from the current tailings but also digging up new ore for processing, then we can expect a re-rate due to FFX's successful move from being an explorer to a producer.

Regarding Goulamina, my read of that announcement is that it won't necessarily be retained by FFX as a long-term asset. The phrase "progressing options to advance and realise the value" could mean anything from FFX developing Goulamina themselves right through to zshooshing it up to sell at top dollar.

Whilst I enjoy a bit of warm and fuzzy upramping as much as the next holder, and genuinely appreciate the time that a number of folks have taken to come up with potential best-case scenarios for FFX's current assets, some of the carry-on since this announcement seems a bit premature IMHO.

BTW if any of my fellow holders feel that I've just left a steaming log in their lunchbox by pointing this out, that's not my intention. Muted optimism is still optimism, which is something I still well and truly have.

GLTAH.

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Intraday just ticked up looks like FFX about to have another run and push into mid 20's.
FA and sentiment in both markets ticking big boxes.
Lithium news could be imminent... $500M+ market cap just on this deposit alone!

FFX Price at posting: 23.3¢ Sentiment: Buy Disclosure: Held
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Ann: December 2020 Quarter Gold Production, page-65

Top Stories

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

Nimy to raise $1.21M to explore 'newsy' WA targets

Almonty locks in govt agreement for tungsten oxide plant in South Korea

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Immutep reports strong response rate from immunotherapies treating carcinomas

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

Bitcoin investors need to know the risks

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

ASX hits all time high out the gate on Friday trades following bullish US inflation data

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