FFX 0.00% 20.0¢ firefinch limited

Ann: Investor Webinar, page-15

  1. 1,692 Posts.
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    because we are focusing on the gold and we have done sufficient drilling to make a decision on whether or not to develop a plant/final investment decision, any more drilling would just be for minimal gains. The resource has already shown to have extensions in all directions and can be explored more if needed.

    the company doesnt even know what it wants to do with the lithium yet and more drilling wont help that decision. i have a feeling its a sale or jv of sorts, i think the management would want the option which requires the least amount hands work from ffx end but still extracting value for shareholders.

    proving the gold is a more fruitful exercise at this time as it allows us to plan for cashflow for the next 1-3 years on the satellites + koting giving us ample time to prepare for morila for the next 5-7 years thereafter and also to find another resource.


 
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