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20.0¢ firefinch limited

Ann: Mali Lithium to acquire Morila Gold Mine to become producer, page-333

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MacroMuscle

600 Posts.

105

01/09/20

01:19

Post #: 46971742
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Originally posted by JoshuaL: ↑

no way would I invest in this, it has too many uncoiled moving parts that can seize up at a minutes notice, the game as you call it most certainly didn’t change this morning, there has to be a few things happen first, amongst them is a huge CR, plenty of dilution, the CR will have to be at a discount of the Vwap from how long ago, so will the price be a discount on the 13 cent range, you still have avoided the question, how much confirmed gold do you have, why would anyone invest millions in a play that doesn’t even know what they have, the mining data report I saw earlier if correct is a problem the numbers will not stack up and the TH could end in a suspension like WFE did for 2 years before it was de listed, so once again, how many confirmed ounces of gold do you have, does the plant require any work or maintenance, what are the costs involved outside the purchase price of 37 million AUD required to make a profit, you need to know these things before you make a commitment of this size

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thnx, must be in for another 50% spike in SP

MLL Price at posting: 20.0¢ Sentiment: Buy Disclosure: Held
9 Upvote

0 Great analysis

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