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20.0¢ firefinch limited

Yep. It's about what they will be worth out of Escrow!!! NOT...

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30/08/23

13:49

Post #: 69637939
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Originally posted by Bucko1 ↑

Hey all, many saying if offered 20c would take it, maybe with the shit show that has been happening.

Just some thoughts ...

Hypothetically say Simon does a great job and we move on with Leo (too which I believe we will, he's an experience campaigner and will get this back rolling)

Following that, what cash FFX has gone, write that off, their spend it, that's why we are where we are..

Yet in a year, LLL escrow is released and i get 17.5% of my holding in FFX to LLL escrow ie 100K FFX if distributed gives me 17.5K LLL shares.

In a year from now LLL could be worth $2 a share...in production etc. Just theoretically speaking.

Why would I be happy at 20c a share ie $20K when in a year if LLL distributed I could have $35K ie im missing out on a 75% increase in value of what I could have.

All theoretically thinking, but even at todays price im breaking even to say a 20c offer. Anything above todays price in the future and LLL escrow released to SH would be throwing money away.

Just thoughts, maybe all wrong but ill post any how. Cheers.

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Yep.

It's about what they will be worth out of Escrow!!! NOT today's price or yesterday's price!!!

IMO the successful bidder for FFX will Asset Strip!!!

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FFX Price at posting: 20.0¢ Sentiment: None Disclosure: Held
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