FFM 1.44% $1.03 firefly metals ltd

AUT 2012-2020, page-3

  1. 48 Posts.
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    i dont think any of that prior period is relevant. All the material changes have occurred in the last 6 months. As late as last year they were only involved in one WA project for vanadium and titanium in a farm in with MTH. In Jan they identified this asset in Canada and now its basically current/EX BGL management and board. The upside if they validated existing resources with the last JORC update and theyve also acquired another 130km2 of surrounding tenements that are underexplored. Nothing material in terms of exploration has happened on site since the mine was closed in 1966.
    Completely different board and assets so whatever happened more than 12 months ago outside of MTH project is dead and gone, assets and board.
    Heres to hoping this is another BGL and drill results from surrounding area increase the resource materially. Its a known producing area and several other producing mines surround it. In hindsight wish I had bought following the tenement acquisition earlier in the year particularly with the board movements.
 
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