FFX 0.00% 20.0¢ firefinch limited

Ann: Firefinch Celebrates First Gold Pour, page-118

  1. 3,333 Posts.
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    They all have complications and works planned. DCN has $70M capex ahead, RED $220M. In this respect FFX is in a better position, and has cash reserves from the recent raise to cover the mill rehab and power option.

    FFX resource is not based on the tailings. It is based on the historical resource data and the company's own drilling at the satellites, plus the tailings. If new drill data were bad it would have to contradict the existing data which is highly unlikely. Worst case is future step-out drilling is unencouraging, which doesn't invalidate the existing. I don't think such step-out drilling has occurred yet.
 
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Currently unlisted public company.

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