I try to be seeing FFX and LLL as a business i own out right. There is no 'share price' there is only a gold mine and a potential lithium mine. What do i need management to do? I want them finding more ounces of gold constantly while ramping up production to 200,000 ozs pa. I also want them getting Goulamina into production asap and possibly ramping up production to take advantage of record Lithium prices. i think the companies should be demerged to realize full value for both businesses. when they achieve these objectives the businesses will be spitting out cash and worth a lot of money.
i believe i will be happy with the share price when we reach that point.
FFX Price at posting:
61.0¢ Sentiment: Buy Disclosure: Held