Overnight the Nickel price rose USD1,911 to USD28,767
The inground value of our 239k Nickel resource increased by $676m to AUD $10.1B
I'm probably missing something here, but a quick comparison with CHN:
CHN:
20Moz PqEq at 1.8g/t
$1.8B mcap
FME:
6.9Moz PdEq at 1.66g/t
$46m mcap
So we have 35% of the PdEq resource of CHN but only 2.5% of the market cap!
If FME PdEq oz's were valued the same as CHN, our market cap would be ~ $620m or $1.75 per share.
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Last
1.6¢ |
Change
-0.001(5.88%) |
Mkt cap ! $15.33M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.7¢ | 1.6¢ | $10.08K | 615.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1152016 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 282500 | 1 |
View Market Depth
| Last trade - 16.10pm 31/07/2025 (20 minute delay) ? |
| FME (ASX) Chart |