How else would you have liked FFX to progress the project without CAPEX? Would like to discuss an alternate strategy, and the effect it would have on shareholder value, if you have an alternative?
What i meant was, the most logical (to me) would be to raise the cash in house so that the future value of the stock remains in house. With the DFS Updated, the risk of future value changing is low, as much of the inferred value of the stock has now become indicated value.
End of the day, if we dont have the cash, we dont have a project, so you can be mad about dilution, but i would be more mad if we didnt proceed.
My opinion only, DYOR & MYOD Keen to discuss any alternate opinions further - Leezy
FFX Price at posting:
75.5¢ Sentiment: Buy Disclosure: Held
