FFX 0.00% 20.0¢ firefinch limited

Current SP and any other thoughts, page-4254

  1. 1,692 Posts.
    lightbulb Created with Sketch. 826
    dw mate, i am of the same opinion, its all about risk profiles/timing

    if someone gave us a reasonable offer for it right now, i would happily consider it and handball the rest of the operations.

    i rather get money in bank sooner via a deal and reinvest into other opportunities, than to wait for an unknown period time for an SP to go higher. However, this is for this current climate. If all lithium stocks were booming then i would happily hold on for a bit longer. ATM lithium is on the low side (recovering though), so its all about timing/risk profiles.

    The one thing im annoyed about is once again things are delayed (understand it is warranted) but we've had the current resource/reserves figures for around yeara now, and now we are doing more drilling i thought it was agreed that it would have been diminishing returns if we kept on drilling considering the resource was already at decent quality to commercialise. Drilling more has always been the easy part but i feel that its been a two edge sword lately with cash burn/time. Yes we can keep improving the resource, but i felt that if it was at the cost of time then it would not be worth it, reason why BB thought MLL was in a good position was cause of speed to market/quality resource but clearly the speed to market has been quite slow compared to others (i.e. largest uncommitted resource in the world...). people would bring up AVZ being in a similar boat, but you can clearly see them catching up to us and have strategic investors already. once again just waiting...
 
watchlist Created with Sketch. Add FFX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.