FFX 0.00% 20.0¢ firefinch limited

Ann: High Grade Gold Results from the Morila Super Pit, page-60

  1. 924 Posts.
    lightbulb Created with Sketch. 150
    A suitable time would be once they have production figures of 100k a year after the spin out. Paying the drillers in shares in ffx and then they get free shares in LLL... You're diluting 2 share registries. And if you're not paying in shares is that the best allocation of those dollars at this stage? Maybe get more pumps going. Drain the pit faster.
    Having ALL possible information before doing anything... You'd never start because you'd be drilling and sampling for years. I'm not anti-drilling at all but finding hits that are impossible to get to anytime soon when you have a mine plan that allows for solid production for the next few years isnt the best use of resources.
    Looking where they're drilling, the fact the processing plant is south East of the pit and the main access road to the pit appears to be from the north, again drilling out west will have no influence on operations. Until you're drilling on a haul road you're pretty ok.


 
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