FFX has $A41m in the bank.
I would anticipate FFX to produce towards the higher end of guidance for the Dec21 and March 2022 Quarters but lets just say (13,500ounces) an extra 1,500ounces/Q x $1800 = $US54m.
Assume the operational costs per the Sept21 Quarter stay the same. Increase them if you want.
The result will be a surplus from operations of $24m for 6 months.
Add the $25m from the CR and we get a total of $A90m in the bank.
LESS gold drilling program say $20m and say $10m for Goulamina
I'm not sure if any more Plant upgrades are required but add say $10m
Also add $20m for Goulamina costs
Add contigency of $10m
We are back down to $20m
Add a further $50m from debt/loans but probably won't come in until Jan2022 when we show a profitable Dec21/Mar22 quarter.
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FFX has $A41m in the bank.I would anticipate FFX to produce...
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