Ann: Quarterly Activities Report, page-47

@HealthPro777 ..."$1300-$1500 is disgustingly high "

It is high, but they are mining the tailings of the tailings, and at a lower rate of 420,000 tonnes per month.

Of course when they start processing the satellite pits ore, the AISC should come down a lot as the number of ounces of gold rises due to higher grade. Grade is king in AISC. As soon as the grade drops a fraction but all other costs stay the same, then of course AISC will rise. Importantly it is still providing cash to cover other costs.

This is not a get rich quick scheme, but the building of a mining company. Any thoughts of quick gains short term are off the agenda IMHO. They laid out a lot of the plan for the next year so we know what to expect, instead of just guessing. Providing they keep lining up the ducks one after another the SP should take care of itself over the next year.

This is as close to a free lunch you get in the market, needing time and work to create value, not luck. With an exploration company, luck in a resource existing in the ground is what gains value. We know we have the resource and the processing plant, it will take time and a lot of work in making it happen, no 'luck' required, no huge expense in building plant either.

The news on the grinding circuits is great, they have been well looked after, so minimal cost to be restarted.

We now have a timeline for different milestones this year, with lots of positives to look forward to, hopefully the gold price will co-operate over the next few months. The gold price is really the only area where 'luck' plays a part.

Interesting point on Koting 100% owned by Firefinch needs to do a deal with Morila SA, 80% owned by Firefinch to include mining of that ore. Negotiating with ourselves, interesting concept, but I'm sure they will come up with plan that makes the govt 20% happy, as they should.

Lots to look forward to, with many positive announcements expected this year as the company slowly builds gold momentum. IMHO the lithium can be a general look forward and stay on the books while nearly all effort goes into gold production.