Management's strength appears to be gold. As such, it makes sense for them to play to their strengths and maximise opportunities in and around Morila.
In the meantime, they obviously don't want Goulamina to sit there doing nothing. As such, it makes sense for FFX's management to get another party involved with its development; preferably someone that's as strong with lithium as FFX is with gold.
This doesn't come for free... but which is more expensive in the long run: the opportunity cost of FFX sitting on Goulamina for another decade with the intention of keeping all revenue to itself, or giving up a portion of future revenue to an experienced JV partner who can get Goulamina into a productive state within say 2-3 years? A purely rhetorical question ofc.
All IMO. GLTAH.
FFX Price at posting:
37.5¢ Sentiment: Buy Disclosure: Held
