FME future metals nl
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Ann: Independent Resource Estimate of 6.9Moz PdEq, page-27

  1. kevin103
    18,039 Posts.
    lightbulb Created with Sketch. 3370
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    21/06/22
    11:52
    Post #: 62110458
    Not a bad MRE with grades to boot.

    Question:
    1. What % of the strike or potential here has been included in the MRE ?
    2. Are there Fe impurity with the metalurgy test here?

    Yes in comparison with CHN's 10Moz MRE so far - FME market cap is significantly undervalued.

    The only saving grace for CHN is that they have barely explored the 25km strike of the Goneville structure I believe.

    So the question is how much more upside does FME's mre have - that might be a factor for the sp.
    FME Price at posting: 16.0¢ Sentiment: Hold Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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