FFX 0.00% 20.0¢ firefinch limited

Ann: Firefinch Celebrates First Gold Pour, page-95

  1. 924 Posts.
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    What I just can't seem to wrap my head around is that the market does not factor in any of the earnings at this stage. Typically they'd be looking forward 12 months and our plans for the next 6 are to make $17m. Say we don't make another dollar beyond that until the end of 2021 (highly unlikely) but with p/e ratios on average 13-15 for companies. Even at 13x $17m that's a $221m market cap. This has some serious catching up to do.
 
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