FFX 0.00% 20.0¢ firefinch limited

Current SP and any other thoughts, page-4285

  1. 320 Posts.
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    Apparently half the people in this thread should be CEO instead of Chris. So many knowledgable people here, so knowledgable they forgot to read, just even the first page of the quarterly cashflow report. Section 1 of the report shows the quarterly staff costs are down >30% and quarterly admin costs down >25%. Share price goes up = Chris really good. Share price goes down = Chris really bad! Chris has been tightening up the business as he should, to buy the company time to get funding. Last time I checked GXY is forecasting a 60% drop in mining due to the current lithium market. If MLL is to get good financing terms the company needs to buy its time and further prove its value, which is exactly what Chris is doing. He is further developing the resource so in 2-3 months time when the market has improved further and the DFS is out MLL will get optimal financing. Just take one look at AJMs debt, Chris has learnt the lessons from AJMs situation.
 
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