A period of 'stagflation' similar to that experienced in the 1970's is a more likely scenario is my take. How long it lasts is anyone's guess... but I'm thinking years rather than months.
Commodities bar precious metals and Antimony have been hammered including Cu. So why buy FFM? Simply because it is rapidly proving-up a world class resource in a tier one location... along with most of the mine development and infrastructure already in place. Sooner or later the mkt will recognise the significant intrinsic value and be willing to pay far more for Firefly. I thinking $2/share or higher.
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FFM
firefly metals ltd
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2.31%
!
$1.06

Ann: Exceptional drilling results to upgrade Green Bay Resource, page-77
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Last
$1.06 |
Change
-0.025(2.31%) |
Mkt cap ! $643.6M |
Open | High | Low | Value | Volume |
$1.09 | $1.09 | $1.04 | $3.106M | 2.924M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 48363 | $1.05 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.07 | 9389 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 48363 | 1.045 |
1 | 5000 | 1.040 |
5 | 35477 | 1.035 |
6 | 106235 | 1.030 |
4 | 35975 | 1.025 |
Price($) | Vol. | No. |
---|---|---|
1.065 | 9389 | 1 |
1.070 | 25026 | 3 |
1.080 | 56826 | 4 |
1.085 | 8000 | 1 |
1.090 | 88966 | 8 |
Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
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FFM (ASX) Chart |
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RC1
REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
Ronald Miller
Non-Executive Director
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