The raise was a smart move by BOD. FFX riding a soon to be hived off Ripper lithium mine with free shares to those who participate. The greater part of the cash will be used for the FFX gold business which will give it a huge kick along. If FFX wanted to raise for the gold business after the split pricing from here would be a roll of the dice. Brilliant move. In relation to Leo future capital costs would be shared.
FFX Price at posting:
76.0¢ Sentiment: Buy Disclosure: Held
