FEG 0.00% 10.5¢ far east gold ltd

Small Caps summary of FEG ASX Debut, page-5

  1. 513 Posts.
    lightbulb Created with Sketch. 66
    I'm not understanding something.
    "To-date, previous owners have spent about $40 million on exploration across the portfolio."
    So, why didn't those explorers start mining? Because metals prices were too low, or is the ground too difficult??
 
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