"Conservatively" LOL
Factor in broker capital raising costs / admin fees / expensive head office no chance in my opinion of this amount of cash.
Those people stating dividends - please advise where below FFX states there will be any dividends in the next 2 years?
In my opinion FFX will close 15 cents or below today. This is a large works program that is going to cost in my mind more than the revenue that the 51% recovery rate of low grade tailings is going to achieve.
Sorry to see this. Coffee break over.