Give it a break You are effectively saying Doc A was wrong in raising $75m and issuing a further 460m shares for the purchase of Morila for a total of 769m SOI prior to Mike starting in the position. Yes Mike's a finance specialist and knows how to get the best deal. Its difficult when FFX is only processing tailings and recently the satellites', and as each day passes the company is closer to surplus cashflows and getting the loan facility. I prefer a strong balance sheet and so do the analysts in order to progress and de-risk the projects. it certainly puts FFX/LEO in a strong position come what may.
FFX Price at posting:
64.5¢ Sentiment: Buy Disclosure: Held