FFX 0.00% 20.0¢ firefinch limited

Good news coming., page-22

  1. 177 Posts.
    lightbulb Created with Sketch. 82
    Until we hear more news from BGS on their latest on site investigations, we're going to see the SP becoming tethered to the general lithium market. I note that has been some recent media coverage that talks about the possibility of oversupply of Lithium due to various reasons has emerged..eg..
    http://www.nasdaq.com/article/this-is-why-leading-lithium-stocks-are-tumbling-today-cm905997

    AFR has also come out with a report of Lithium demand stagnating. Whether this is true or not ( I doubt it IMO..but DYOR), but the fact of the matter is that during the last couple of weeks lithium stocks generally have retreated across the board. This includes lithium mines operating or on the cusp of operating a well a operations that just won't even get off the drawing board.

    Don't forget, it will be the lithium mines that can start producing by about 2019 that will soar in value in 2018.

    .........and BGS sure looks like one of them!

    Let's wait for the next lot of results...and then watch the share price power upwards again.
 
watchlist Created with Sketch. Add FFX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.