I'm not surprised the Morilla resource upgrade is delayed considering they have so much to do post buying this massive project!!
Activities are laid out, we know we have gold in so many places under license to mine and the 4.5mtpa plant so its going to be a very rewarding future for Firefinch.
I am really surprised the Lithium is not playing any factor in the value for this company! To me that double us as a minimum in current value.
How a AUD1.7b DFS'd high quality project like this is just unacknowledged by the market is nuts!
Hopefully management will not just leave this sitting there. They should be working on that at the same time trying to set up offtakes or a partner to develop this mine so in a few years time we should be in a much more buoyant Lithium market...
Guess I'll just have to buy more if the market manipulators keep this ridiculously undervalued.
I mean seriously, I don't understand what investors are missing. As we are;
a fully licensed
soon to be fully operational 4.5mtpa mine
with a JORC'd 1.5m oz au
producing Gold currently at ~4000oz/month
drilling the place to swiss cheese
Satellite pits at the ready with 113koz JORC
that in say 6 months time should be producing at a rate of 10,000oz/mth!!!
Where is the future earnings multiplier on this stock?? Hahaha
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I'm not surprised the Morilla resource upgrade is delayed...
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