Their appears to be more trades in FSE in recent days, including over 1M already traded so far in today’s down market.
Presumably this is because some people are in the know about the pending SARB approval, or the recent discussion about it has excited a few buyers to top up!
All being equal it does appear to be a well valued stock at these prices considering the high confidence of the imminent SARB approval!
I have been a supporter for a considerable time, and am looking forward to seeing the business end of this coal project getting off the ground.
I was also very interested to see in the recent Quarterly Activities Report that FSE are actively working on additional resource projects, ie the Northern Territory, Iron Oxide, Copper, and Gold.
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Currently unlisted. Proposed listing date: APPLICATION WITHDRAWN ON 28 MARCH 2024
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