FFX 0.00% 20.0¢ firefinch limited

Having dived into the report a little more , some juicy little...

  1. 1,041 Posts.
    lightbulb Created with Sketch. 505
    Having dived into the report a little more , some juicy little nuggets for me -

    * satellites increased from 140koz - 300koz, that’s an extra US$300m revenue and about US$100m free cash flow
    *FY22 forecast 80koz , meaning about US$50m fcf
    *FY23 forecast 175koz, meaning about US$100-140m Fcf depending on $1850 or $2000 price
    *satellites geology tends to be in clusters so expecting multiple deposits
    * significant regional land holdings with 1 world class discovery and a conspicuous lack of any other, they generally follow a trend
    *transformational organic growth potential with current land holdings

    we have so many moving parts to our business atm , forecast gold production, gold price, updated MRE, exploration potential and a lithium deal in the makings. How the hell do you put a value on that? Sprott have initiated coverage with a well informed but IMO conservative value , but it’s a good start and likely to climb from there as we progress all the moving parts.

    im also confident our new MD will shine a big light on what we have.

    anyways just my sat morning ramblings , interesting times ahead

    best wishes to all fellow holders
 
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.