FFX 0.00% 20.0¢ firefinch limited

New punters must be licking their lips at these prices. It was...

  1. 910 Posts.
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    New punters must be licking their lips at these prices. It was looking impossible to take a sizeable position 2 weeks ago without tipping the SP up over 50c.

    Now with the SP at approx. half of Sprott's 70c target (and Hartleys' 75c target...), this is becoming a steal.

    https://sprott.com/media/3973/210601-scp-ffx-pit5.pdf

    Nothing fundamentally has changed for the company which continues to overdeliver in exploration, development & production results, yet you're able to get in at a mega >30% discount.

    Don't forget the lithium "deal" is set to drop before the end of this month with a minimum valuation of $200M... and peers sitting at MC's between $500M to $1B+.



    Based on the comments made during the AGM presentation by our two Dr's, I think they are going to overdeliver again with this one, and shock the market with the value unlock for shareholders.
 
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