Stockle - the stock oracle

FireFly Metals

ASX:FFM
No current share price held for this company.
No price history held for this listing yet.
Market cap
—
Shares on issue
—
Story beats
236 since 2006
Last event
4 Sept 2026

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

14 Nov 2008investor presentation● Neutral

The managing director's AGM address reviews known results: Waddikee manganese beneficiation under way, Punt Hill assays due shortly, and all eight Bonaventura holes hit sulphides to 230m with assays pending. Mostly repeats known facts.

Discuss in chat

14 Nov 2008agm notice● Neutral

The chairman said the global financial crisis has made capital scarce, and results on many projects will not be evaluated until Q1 2009. The company lacks capital to pursue all projects at once and expects to seek funding when markets allow, focusing on those nearest production.

Discuss in chat

14 Nov 2008agm notice● Neutral

All nine AGM resolutions passed, including re-election of Kennedy and Alley, ratification of the April (6,818,181 shares) and May (1,363,636 shares) placements, and a new employee option plan with up to 250,000 options for the MD.

Discuss in chat

28 Oct 2008quarterly activities report● Neutral

Revised re-release of the September quarterly report, same-day. The visible changes add the standard caveat that the 4-6Mt exploration target is conceptual. Otherwise it repeats the Waddikee assays and Punt Hill drilling news.

Discuss in chat

28 Oct 2008quarterly activities report▲ Good

September quarter report repeats the Waddikee assays and says beneficiation testing has started on three bulk samples. It adds that Punt Hill drilling finished, with copper sulphides in GHDD2 and GHDD6 (two of three holes); assays are pending. Cash figures are not in the visible text.

Discuss in chat

19 Sept 2008drilling result▲ GoodMajor

Waddikee drill assays confirm manganese in all eight Jamieson Tank traverses, with intercepts of 1-22m above 10% Mn and 1-4m above 20% Mn. Unexpectedly strong iron of 20-34.8% Fe over 12-24m. Mineralisation extends over 2.5km; beneficiation testing has begun. Resolves the pending assays.

Discuss in chat

17 Sept 2008annual report● Neutral

Monax lodged its 30 June 2008 annual financial report. The visible text covers the corporate directory and directors' biographies only; no financial figures are in the text shown. Dr Neville Alley is listed as a director alongside the previously noted board.

Discuss in chat

11 Sept 2008joint venture update▲ Good

Marmota finished its first drilling phase at Ambrosia-Mulgathing: 75 holes, several with above-background gamma readings and lignite layers. Lab assays are due early October, with Phase 2 planned later in 2008. This is Marmota's work on ground it is earning into from Monax.

Discuss in chat

13 Aug 2008drilling result▲ Good

Seven May rock chips gave the highest manganese grades yet: up to 54.1% at Jamieson Tank and 39.3% at Pollinga. Surface samples only. Drill assays, thicknesses and grades are now expected in 2-3 weeks.

Discuss in chat

30 July 2008quarterly activities report● Neutral

June quarter report repeats the Waddikee drilling (manganese in eight Jamieson Tank traverses and one Pollinga hole), the Pollinga rock chips and the Punt Hill drilling start. Drill assays are now expected in about 4 weeks. Cash figures are not in the visible text.

Discuss in chat

22 July 2008drilling spud▲ Good

Drilling has started on new copper targets at Punt Hill's Groundhog prospect, picked from an induced polarisation survey. Angled holes will test a suspected mineralised fault between GHDD1 (126m @ 0.4% Cu) and GHDD2. This is the follow-up drilling promised for mid-2008.

Discuss in chat

16 July 2008joint venture update▲ Good

Marmota's Ambrosia drilling intersected lignite with above-background gamma readings in two holes 500m apart at Dusty Bore. Marmota calls this a potential uranium system; lab assays are pending. Final results are now expected by end of September, a month later than first said.

Discuss in chat

30 June 2008drilling result▲ Good

Nine March rock chips from Pollinga returned up to 41.9% manganese. This is surface sampling, not drilling, and adds to the earlier Jamieson Tank results. Drill assays are still expected in about 8 weeks.

Discuss in chat

20 June 2008joint venture update● Neutral

Marmota started drilling 70-80 rotary-mud holes at Ambrosia-Mulgathing, the ground it is earning into from Monax. Final results are expected by end of August 2008. Marmota's program, not Monax spending; no results yet.

Discuss in chat

17 June 2008drilling result▲ GoodMajor

First-stage Waddikee drilling hit manganese in all eight Jamieson Tank traverses (2-15m down hole, preliminary logging) and in one Pollinga hole (10m). Grades are unknown until assays arrive in about 8 weeks. An inferred resource is the goal if results are good.

Discuss in chat

30 May 2008security holder rights change● Neutral

Option holders were reminded that unlisted options with a 25-cent exercise price expire on 30 June 2008. The shares last traded at 30.5 cents on 28 May. Administrative notice.

Discuss in chat

30 May 2008drilling result▲ Good

Rock chips from the historic Kohinoor gold mine on Kangaroo Island returned up to 28 g/t gold from the first level of the old workings. Results from the 150m diamond hole drilled in February are expected within 8 weeks.

Discuss in chat

27 May 2008joint venture update● Neutral

Partner Marmota says drilling at Ambrosia starts mid June, heritage clearances are done, and new gravity surveys found palaeochannels at Phar Lap and Wynbring. Airborne surveys are underway. This is Marmota's work on ground it is earning into; no results.

Discuss in chat

21 May 2008drilling spud▲ GoodMajor

A 4,000m reverse circulation drill program has started at Waddikee's Jamieson Tank, Pollinga and Hodgins manganese prospects, as planned for May. New mapping extends Jamieson Tank mineralisation to over 5km. The 4-6Mt target is conceptual only.

Discuss in chat

20 May 2008admin correction● Neutral

Corrected re-release of the $0.3m placement at 22 cents; only change is shares on issue after the placement, now 69,047,057 rather than 69,047,102. All other terms are unchanged.

Discuss in chat

20 May 2008capital raising announcement● NeutralMajor

Monax received firm commitments for a further $0.3m placement at 22 cents, taking shares on issue to 69,047,102. The funds join the $2.55m previously raised by placement and share purchase plan, for Waddikee, Punt Hill and other exploration.

Discuss in chat

19 May 2008capital raising announcement● Neutral

The chairman's letter says the share purchase plan raised about $1 million, with all valid applications accepted. That is well short of the up to $3.7m sought in March at 22 cents.

Discuss in chat

29 Apr 2008quarterly activities report● Neutral

March quarter report repeats the Waddikee rock chip results (up to 60.1% iron, 43.8% manganese), the Pollinga and Hodgins finds, the $1.5m placement and the share purchase plan closing 5 May. No new results in the visible text.

Discuss in chat

29 Apr 2008investor presentation● Neutral

Revised April presentation repeats known Waddikee, Punt Hill and Kohinoor details and the $3.7m plan at 22c, with a use-of-funds table: Punt Hill $700k, Waddikee manganese $1.1m, iron ore $1.0m, Dingo Hill $400k, working capital $500k. Market cap $14.6m.

Discuss in chat

28 Apr 2008investor presentation● Neutral

April presentation repeats known Waddikee, Punt Hill and plan details. New items: 1,550 shareholders, largest holder about 13%, and a manganese price rise of over 415% in 2007. Pollinga and Hodgins assays are due in 6-8 weeks.

Discuss in chat

17 Apr 2008drilling result▲ GoodMajor

Mapping found near-surface manganese at two more Waddikee prospects, Pollinga and Hodgins, supporting a potential 40km strike. Drilling of all three prospects starts in May. The share purchase plan closing was extended to 5 May; the $1.5m placement is complete.

Discuss in chat

9 Apr 2008capital raising announcement● Neutral

Share purchase plan documents mailed to eligible shareholders: up to $4,999.94 each at 22 cents, offer opening 11 April and closing 28 April. Administrative follow-up to the 26 March announcement; no new terms beyond the timetable.

Discuss in chat

7 Apr 2008joint venture update● Neutral

Marmota's gravity survey found prospective palaeochannels at Indooroopilly, the fourth of its tenements to do so. An airborne electromagnetic survey is planned for mid-April. Marmota exploration news on uranium ground it is earning into; no drilling result.

Discuss in chat

1 Apr 2008capital raising announcement● NeutralMajor

Monax secured firm commitments for a $1.5m placement at 22 cents to sophisticated investors, lifting shares on issue to 62,901,705. Funds go to Waddikee manganese and iron ore and Punt Hill. Runs alongside the share purchase plan.

Discuss in chat

27 Mar 2008investor presentation● Neutral

March presentation repeats the Waddikee results and the $3.7m plan at 22c. New: a 60-hole, 4,000m manganese drill program planned for May, an exploration target of 4-6Mt at 30-40% Mn per deposit, and a 150m hole completed under the Kohinoor gold mine on Kangaroo Island, results in 6-8 weeks. Market cap shown as $14.6m.

Discuss in chat