FFX 0.00% 20.0¢ firefinch limited

Noice. A big contract is another extremely bullish sign. I...

  1. 447 Posts.
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    Noice. A big contract is another extremely bullish sign. I suspect that FFX would have preferred to use a 100% Malian owned contractor, but maybe there isn't a Malian-owned firm big enough to go alone on Morila? Either way, it's great to see that FFX continues to support the Malian economy, which in turn supports the Malian people.

    As for what the USD$360m covers, it mentions site works and mining operations. I suspect the lion's share of this contract relates to the latter, therefore it could easily be USD$360m over 5 years or more (maybe even over LOM?). This may be commercial-in-confidence, but it'd be nice to have confirmation as to the term of the contract and what FFX can expect from the contractor.

    All IMO.
    Last edited by tone76: 15/06/21
 
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