the copper price is good for any actual or near producers, but not much good for any explorers due to the long timeline to actually produce copper ( i think average find to mine period is 10+ years ). I cannot see FFM being able to get into production for a decade, thus large capex, no dividends. Only possible short term positive is if a current producer sees our tenements as so good they make a takeover offer at large premium.
ffm chart, page-98
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Last
80.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $384.5M | |||
| Open | High | Low | Value | Volume |
| 80.5¢ | 81.5¢ | 80.0¢ | $1.154M | 1.436M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 89229 | 80.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 81.5¢ | 32117 | 3 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| FFM (ASX) Chart |