Ann: Trading Halt, page-163

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Luke7394

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25/06/21

10:19

Post #: 54063395
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Originally posted by Karl89: ↑

So you are saying if this was done at 50 or 60c you would have been happy? You are complaining about an extra $10-20m pre fees! you have to start thinking timelines here.

When 200k oz are running through the plant, you think you will be thinking about that little amount of cash? they want cash now, drills moving now….

I want those drills working around the clock… I want more gold found. Moderate grade? I’m happy, fire up that sag mill, let’s blow 4.5mt out of the water...what I’m after, what I think we all want, is a line randgold repeated constantly…. Potential of find another “Morila size deposit”… let’s find it, it’s there… Samacline is just the tip of the tail of Willy the Whale hiding just east of the Gorilla.

seems odd you would want to sell out of a company that will now have the cash for drilling and a bank of historical data to lean on… previous high grade results… serious exploitation sites already started… oh and a gigantic plant sitting there ready… but your money… I just don’t understand why if the raise was at 60c, you’d be fine but at 40c the sky is falling, management is terrible, the gold In the ground is a lie and mike was the wrong person as MD … this is no longer a junior explorer that has $5m in the bank and a market cap of $20m.

The way I see it, they are pushing a very productive timeline with further acquisitions on the not to distant horizon… Morila needs money smashed at it now, as much excitement created asap before interest moves on to the next site and Morila returns to that unloved one of years past under randgold/ barracks/ Anglo.

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Well said mate, Couldn't agree more.

FFX Price at posting: 45.0¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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Ann: Trading Halt, page-163

Top Stories

Leo Lithium announces major divestment of flagship Goulamina project to Ganfeng

Tivan and EARTH AI gear up to commence fresh drilling at Sandover lead-silver project, NT

Has uranium run out of steam? An update on nuclear markets & developments ahead in FY25

The Big Deal: Free-to-air TV swings the axe, but will it be enough as enormous sports deal bills loom?

Saturn’s stars have aligned for the gold explorer’s Apollo Project

Red Hill Minerals Signs $6.5 Million Agreement with Peel Mining to Explore Curnamona Project, NSW

Week 27 Wrap: "Election year" is here as UK Labour win contrasts France; Trump wins immunity & annual report season hushes ASX

Fast-track assaying yields 182 g/t gold for iTech at new NT play

Climate change to drive market trends to the moon

KGL sniffs 19% Cu from drilling at Rockface play in NT

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