FFX 0.00% 20.0¢ firefinch limited

Ann: Trading Halt, page-374

  1. 18,800 Posts.
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    I get the feeling there might be something wrong with the gold business.

    They went to the market only 6 weeks ago, to raise $25M.

    Shareholders gave them $50M - double what they had asked for - just two weeks ago.

    Now, they are back for another circa $45M, for the gold business (as part of the $100M raising).

    Either they were terrible to calculating and budgeting the money they needed, back in October,

    or

    Something is wrong with the business that requires immediate additional funding.


    Last edited by Cosmoterios: 10/12/21
 
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