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Ann: Interim Financial Report - 30 June 2021, page-25

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maxkieh

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13/09/21

13:26

Post #: 56020388
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Originally posted by HeliosUK: ↑

Loss is not "per share" but a net loss. To be expected when all you're doing in that reporting period is processing tailings, whilst you're refurbishing the full gold plant. The market was 100% expecting a loss... but this FY we're mining real deposits, not tailings

As for corporate costs, it's not itemised but I would assume that having Macquarie running the whole process for the spin out of Goulamina, and the legal and advisory costs that go with that... I actually thought they could have been higher

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Thanks for this. But the fact that FFX is getting out of tailings was known, wasn't it? The same applies to the entitlements in the Lithium spin-off.

I struggle to see any "new favorable" information in this report to justify this rally.

Last edited by maxkieh: 13/09/21

FFX Price at posting: 71.3¢ Sentiment: Hold Disclosure: Held
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