STTCOMP FFX FA LONGFFX.AX MC ~$117M SP 15.5C SOI 781.9M BOARD...

STTCOMP FFX FA LONG

FFX.AX
MC ~$117M SP 15.5C
SOI 781.9M BOARD 18M
Top 20 own 40%
Debt $0 Cash on hand ~ $40M

PRODUCING GOLD NOW The newest ASX gold producer, currently drilling satellite sites and the existing mine they have acquired. LEVERAGE SUNK CAPITAL US$300 million plus to replicate infrastructure and drilling... FFX are self funding drill programs and infrastructure upgrades through sale of current gold and getting direct upside from gold price movements north.

It is still below recent valuation and below CR and has a solid bagger from recent valuation! IMO worth a punt as they are self funding drilling programs to find more major deposits which can be turned into CASH!

https://hotcopper.com.au/threads/ann-africa-down-under-conference-presentation.5738078/