FFM 4.66% 84.3¢ firefly metals ltd

Ann: Trading Halt, page-60

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    So just looking at the previous timelines the company has said for a resource update. They have made it clear that it would be in Q4 - which commences in October. That would be after at least after a couple of rounds of assay rounds under the belt.

    We are still in Q3 and we find ourselves with a resource update on Wednesday.  That can only mean that the first lot of assay results have been better than expected that not only allows an upgrade on their results - but potentially also allows some previous historical results to be moved into the JORC code.

    Holders may very well be surprised by the next announcement.



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