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20.0¢ firefinch limited

Current SP and any other thoughts, page-7596

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JabbaDaHutt

1,746 Posts.

316

01/11/20

01:54

Post #: 48557864
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Originally posted by Karl89: ↑

I would have thought this would be highly unlikely given they excepted even the oversubscribed shares.

As a holder, I’d much rather every dollar stays in the company and this cash gets worked so a CR would never be needed again (unless huge opportunity presented itself of course)

I feel 800m after converted options is a very decent register that works well for trades and not over diluted. Also has head room Should more shares be necessary for whatever reason.

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good chance no more raises going forward. cash balance and cash flow to cover drilling and mine restart. they might take a debt facility as a back up option but hopefully won't need to use it at these gold prices and higher

MLL Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
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1 Great analysis

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