FFX 0.00% 20.0¢ firefinch limited

The Real Value of Firefinch, page-14

  1. 4,156 Posts.
    lightbulb Created with Sketch. 7030
    Thanks for pointing out these 2 announcements.

    Selling 30% of Tropicana for $903m values 100% at $3 billion.
    They have a LOM of 10 years
    They have guidance to produce 380-430k oz pa

    Once we start full scale mining we'll be producing 200k oz, half their production
    As Karl89 says, apples with apples, they are currently producing at that rate, they are in WA...

    The Orocobre announcement is also very interesting.
    The March Q price they received for Li was up 50% on the previous Q, and up another approx 40% for this Q.
    They have now forward sold all their planned FY2022 production
    The planned Lithium shortage is materialising, those in the data room would be very aware of this.
 
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