OK, I see what you are saying, Although FFG's Assets were $49M...

OK,
I see what you are saying,
Although FFG's Assets were $49M in 2017,
They are worth much more now.

Any cash FFG burned last quarter,
Was mostly to make investments that continue to rise in value.
I have checked out the companies FFG has invested in,
And cannot wait for the next update on their assets.

I really do not think FFG burns much cash,
And it is my opinion that it's investments all have, and continue to rise in value.

FFG are trying to list in US,
That costs some $$$$ now, but will make $$$$ later...

Not to mention FFG's recent ESports.com deal:

• eSports.com agrees to invest USD $1M (Approximately AUD $1.32m) into iCandy in exchange for 16.5 million newly issued ordinary shares of iCandy, with an issue price of AUD $0.08 per share. This investment represents 5.18% of iCandy’s fully diluted capital structure, which also accounts for the imminent share issue relating to the acquisition of the game portfolio of Animoca Brands Ltd (ASX:AB1), as announced on the 15th of November 2017.

Under the Term Sheet, Fatfish will exchange 45.6m of its ordinary shares in iCandy for ordinary shares in eSports.com. The iCandy ordinary shares being exchanged by Fatfish are to be valued at AUD $0.10 per share. The transaction will result in Fatfish owning approximately 3.45% of the total enlarged issued share capital of eSports.com.
ICI shares last traded at 6 cents,

FFG makes good deals...

* APAC mining income will only increase,
With FFG also expanding this area.

* Fatfish’s 27% owned Kryptos-X has commenced pre-trading operations,
and is working with its partners for a Q3 2018 trading launch,

* MC Payments due to list,

* Lunch Actually seeking to IPO Q4,

FFG also own:
12.5% Altarian Capital,
60% Cryptofoundry,
20% Epsilon Capital
65%ICI
5% Cloudaron

And more...