FFX 0.00% 20.0¢ firefinch limited

Posted on the LSE KOD BB. (Your neighbour lol) Been looking at...

  1. 122 Posts.
    Posted on the LSE KOD BB. (Your neighbour lol)

    Been looking at BGS for a comparison, so will let you all decide who has the best seat.

    Shares in issue:
    KOD 5220M
    BGS 215M
    Each 24 KOD shares = 1 BGS

    SP:
    KOD 0.0047p
    BGS 0.366 cents (22.88p @ exchange of $1.6A to a £1)

    MarketCap
    KOD £24.5M
    BGS £45.19M equivalent

    Land area:
    KOD 609sq klms (500 + 109)
    BGS 250sq klms

    Li veins:
    KOD Up to 14 with at least 3 veins confirmed
    BGS Poss 2, 2nd being to the West of main find

    Gold:
    KOD - 2 JV's already in place with Newcrest and Resolute + other concession areas.
    BGS - Ownership of 3 prospect areas

    In conclusion.
    BGS are value at just under twice our M/C but have the advantage of a JORC report already in existence awaiting a Scoping Study which should allow their Cap to rise.

    KOD also awaiting imminent news on both Li latest drilling and possible gold venture updates.

    Looking good...
 
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