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80.0¢ firefly metals ltd

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koreantv

776 Posts.

160

05/06/24

12:51

Post #: 74174330
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Originally posted by Crows: ↑

If you were truly a holder you’d know this is complete and utter nonsense. A decade? They have an existing plant which can be turned on at any time. It is currently under C&M. This was a functioning mine up until early 2023. The company have stated they intend to expand the plant and mine at a much larger run rate. The fact it is an existing mine means the roadblocks typically experienced for building a plant do not exist. These are all things the company have detailed in presentations.

Please do elaborate on why this will take 10 years to get into production?

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what a disgrace this share price is. Market doesn’t believe Parsons and team

Originally posted by Crows: ↑

If you were truly a holder you’d know this is complete and utter nonsense. A decade? They have an existing plant which can be turned on at any time. It is currently under C&M. This was a functioning mine up until early 2023. The company have stated they intend to expand the plant and mine at a much larger run rate. The fact it is an existing mine means the roadblocks typically experienced for building a plant do not exist. These are all things the company have detailed in presentations.

Please do elaborate on why this will take 10 years to get into production?

Expand

FFM Price at posting: 69.0¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

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(20min delay)
Last 80.0¢		Change 0.000(0.00%)		Mkt cap ! $389.3M

Open	High	Low	Value	Volume
80.0¢	82.0¢	79.8¢	$1.088M	1.358M

Buyers (Bids)

No.	Vol.	Price($)
12	59512	79.5¢

Sellers (Offers)

Price($)	Vol.	No.
80.5¢	49149	12

View Market Depth

No.	Vol.	Price($)
12	59512	0.795
11	80851	0.790
8	59849	0.785
10	141834	0.780
3	166270	0.775

Price($)	Vol.	No.
0.805	49149	12
0.810	48635	7
0.815	32629	7
0.820	36632	10
0.825	11225	2

Last trade - 12.49pm 22/07/2024 (20 minute delay)

FFM (ASX) Chart