FFM 6.90% $1.22 firefly metals ltd

close to 52wk low. what's wrong?, page-27

  1. 1,655 Posts.
    It has been very volatile in the absence of news. However, WTI is strong and there should be a significant increase in reserves from closer spacing and the AC. Potentially, there is also the Pearsall also.

    It is about a couple of weeks till we hear further from MRO on its plans and we have to 'cross fingers' for a good outcome for the 2 self-operated wells.

    If AUT proves itself as operator, it should have greater control over growth in production.
 
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