FFX 0.00% 20.0¢ firefinch limited

Ann: Satellite Pit Resources update delivers 1.49M oz of gold, page-47

  1. 480 Posts.
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    Agree, it's a forward looking price, and as stated by management there is no demand for the product at that price today.

    The ball is certainly rolling though, and I think EV production and clean energy development and storage will be at the forefront of the wave of stimulus that is going to hit the world over the next couple years. When that occurs, I think we will see supply squeeze and prices climb back toward our DFS price.

    I think what the DFS does show though is that even at a more conservative price, the mine is still well and truly viable.
 
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