FFX 0.00% 20.0¢ firefinch limited

Ann: Morila Exercises Option in Area of Interest-Massigui Project, page-40

  1. 1,529 Posts.
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    I'm still a supporter of a spin-off and i doubt ML wouldn't have announced this idea if other BoD members wouldn't support it.

    The market don't and i fear he won't give our gold asset a fair value within one company. Look at Hartleys report, the gold is not worth a mention there.

    My gut feeling ist telling me we need even for a 1 mtpa Li-operation something about 150 Am$. Some gold royalties won't avoid dilution. And i guess we have to secure this if we want to start Li-production right in time, before the bulk of the gold revenues are coming in.

    The trading halt announcement is clearly giving a hint to the April 4th announcement. Therefore i doubt we'll see something on the Li-front in outstanding news.
 
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