FFX 0.00% 20.0¢ firefinch limited

Significant upside to producer peer multiples.Firefinch is...

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    Significant upside to producer peer multiples.
    Firefinch is trading at a significant discount to the West African (plus Centamin) producer peer average valuation ranges at just 0.3x NAV and US$58/oz vs the producer peer average of 0.7xNAV and US$112/oz. Of the producers, Firefinch is one of few with transformational organic growth opportunities in the near term and with a 685km2license area with one proven world-class asset but otherwise a conspicuous lack of large discoveries.Moreover, Firefinch is trading within the P/NAV and per ounce multiple ranges of West African gold developers and explorers, but with the advantage of significant infrastructure in place, therefore less capital requirement to define and develop its ounces


    IMO we have a strong potential to find more super deposits. This will add an astronomical valuation to us one day.
    In the mean time, while drilling occurs, I'll happy collect my divvies from 200,000 ounces per year of gold, and the 20+ years of lithium.
 
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Currently unlisted public company.

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