FFX 0.00% 20.0¢ firefinch limited

Ann: Firefinch Successfully Completes A$100m Placement, page-29

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  1. 320 Posts.
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    They have started mining at the satellite pits, for them to get access to ore they are required to "strip" waste. So this adds costs.
    Additionally they are doing drilling programs at multiple areas at Morilla and satellites, they are also doing significant CAPEX spending.

    These costs for the most part aren't sustaining capital hence the breakeven calc for 100kozpa doesn't really make sense.
 
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