FFX 0.00% 20.0¢ firefinch limited

Company Maker, page-9

  1. 204 Posts.
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    Its really disheartening to see how this share is performing, I go through the whole gamut of emotions, pure elation from the announcements to absolute depression once I see the sp dropping like a rock after them. The one thing that brings me back to life is just doing a little reading of the forecasts of our future requirements of the white metal.
    Like many I also believe that the analysts have got the lithium demand and uptake of evs wrong, I looked at a report by UBS that was done in 2015 [I think] and they were forecasting that 450000 evs would be sold for this year. Super Ninja tweeted yesterday that we are already at 518400 [+3000] with two months left to play, if we use last year's sales figures for the last 2 months that brings us up to 550000. They are 100000 or 22% out in their calculations and UBS was purported to be one of those with the most aggressive /positive forecasts .
    Point is, we have a really good project with the lithium and once we get some boas and through further drilling to improve our grade and quantity, the share price will jump considerable [imho]. The gold deal will hopefully just plod along bringing in some much needed usable $$$. Things are going to hot up really quickly, its the companies that have got the goods that will prosper immeasurably and I think BGS will classed as being one of the top ones. Now if I could just pass out for 6 months that would help with the emotional roller coaster I am on. I firmly believe our price will be a lot higher in the future, we are still only at the start of this paradigm shift.
 
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