FFX 0.00% 20.0¢ firefinch limited

Agree malay, new timeframes were set by Chris and these have not...

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    Agree malay, new timeframes were set by Chris and these have not been changed in the Quarterly. No need to panic on that issue. Just waiting on the Permit papers to be stamped and forwarded to MLL. We knew that it was pretty much a done deal anyway.
    We knew they were working on grades and recovery improvements.
    We are unsure of the extra processing costs if any from the results of the ,review of the prior testwork,. Its likely there will be higher processing costs. We do not know whether the current optimisation testwork will save $ and offset extra costs outlined above. But they are upfront which is good.
    Higher 6% grades should bring in extra revenue.
    New and good news is drilling to expand inferred and indicated which will flow through to NPV. Results should boost the SP. The market has a bigger is better mentality. That will help with the next CR and Offtakes etc.
    Other good news is preparing to sell the gold prospects. They are non core, a distraction and should help delay a CR for a while.
    Overall progress to plan. Cash position a worry but should be eased by Gold sales.
    It will be mined in due course.
 
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