Hi all, can anyone explain what would happen to FEX in the unlikely event that they were unable to secure additional resource and exhausted the mine's life? Would all remaining funds be returned to shareholders? I'm optimistic there will be an extension of mine life, but want to understand what the base case scenario looks like. Thanks in advance.
End of mine life scenarios
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Last
34.0¢ |
Change
0.015(4.62%) |
Mkt cap ! $236.1M | |||
| Open | High | Low | Value | Volume |
| 32.5¢ | 34.0¢ | 32.0¢ | $436.6K | 1.328M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 250124 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 9631 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
33.5¢ |
Change
0.015 ( 4.69 %) |
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| Open | High | Low | Volume | ||
| 32.5¢ | 33.5¢ | 32.0¢ | 494100 | ||
| Last updated 15.58pm 14/06/2024 ? | |||||
| FEX (ASX) Chart |