FFX 0.00% 20.0¢ firefinch limited

The fundamentals are solid, there is gold in the ground, the...

  1. 69 Posts.
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    The fundamentals are solid, there is gold in the ground, the infrastructure is mostly in place, they are producing & have cash.
    Do they have enough cash to get through to the 200moz profitability goal? Maybe/maybe not- probably yes is my assessment.
    The cash intensive activities are mostly done, dewartering for instance is complete. The main pit has confirmed gold at good grades so once they start mining that the numbers will jump.
    As well we hold that 20% share in LLL
    Somebody did a peer comparison and came to 90c/share for FFX- if gold prices hold i can see FFX achieving this in the next 3-6 months.
 
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