FFX 0.00% 20.0¢ firefinch limited

Not so important if no.1 or no.5 producer as long as we produce....

  1. 1,473 Posts.
    lightbulb Created with Sketch. 212
    Not so important if no.1 or no.5 producer as long as we produce. Guess BGS will start with a 2MT plant which would most likely make us no.3 producer after PLS and AJM (going for 5MT and 3.5MT with their phase 2 plans). MIN should be close with the combined producing of Wodgina and Mt. Marion (40%). Anyway, as I said, producing is more important then position. With our 100MT resource we ill become a significant producer over time just like PLS and AJM once BGS is producing it would certainly expand. Either to produce more or to make LiOH at a nearby location.

    Agree with the 600m$ MC although it is (very) conservative. Would bring our SP to $3, and 8 bagger from here. Pretty nice! And having now a steady source of income from our gold project dilution can be kept very low. The main hurdle remaining will be getting the financing done. And there the only negative point in this project is the fact that it is in Mali. All the results looks like pure gold (if not pure lithium).

    Happy to be invested here and happy to have been part of voting out the old management and getting the new one in!
  2. This thread is closed.

    You may not reply to this discussion at this time.

 
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.