FFX 0.00% 20.0¢ firefinch limited

I think there a few avenues here which the Morila opportunity...

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    I think there a few avenues here which the Morila opportunity has openned up and that enabled us to have a lot of flexibility
    1. We spin out the asset via JV to a newco of no less than 50/50 split, this would result in a partner coming in with roughly $200M USD (for CAPEX and some OPEX) and that would give a $400M postvaluation of the newco and inspecie new shares

    2. Once our gold situation is stabilised (i.e. proven 2Moz+ via Koting, Morila 1.3 and Satellites) that would give us certainty of revenue for next 7-10 years. So we could wait till the optimal time and do it ourselves with our earnings alone....

    3. If we get any customer interest/offtake in near future i.e. under a year or 2, through some smaller offtakes (might not be enough for a spin out), we could always accelerate via a debt facility against the gold to give you some context on how we are in a better position (40% saving on the interest!)
    - RSG (African Gold Miner): 9% Interest Rate
    - AJM (Australian Lithium Miner): 15% Interest Rate

    4. Outright sale at the right price!
 
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