FFX 0.00% 20.0¢ firefinch limited

Correct me if I am wrong,Assuming gold price stays at US$1900...

  1. 309 Posts.
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    Correct me if I am wrong,
    Assuming gold price stays at US$1900 per OZ
    FFX will be making BIG profit : $1900-$1000(AISC)= US$900 x 250,000 OZ=US$225,000,000 = AU$316,901,408 ( let's around it down to *****AU$310 million per year********).
    Please don't forget FFX will still holds 20% of LLL.

    In conclusion,I am holding my FFX shares after the demerger.

    https://hotcopper.com.au/data/attachments/4323/4323902-c52ca15ffe4f8a8557f5b9a2c9508b91.jpg

 
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