I am also from the Marindi days and feel for investors who may not take the time to follow their portfolio more closely, including details contained within company announcements. I personally saw a great benefit in the FRB IPO and upped my FFR holding prior.
The manganese was never priced into FFR price (i believe) as too many explorers are chasing feedback on any mineral they can find in their tenements and have been for two years or more. Companies who are attracting genuine interest are the ones targeting (with true potential) specific minerals. All the capital raises we see these days are mostly wasted on drilling for shareholder sentiment rather than ore potential.
FRB will prove to be a rewarding project IMO.
IPO - Firebird Metals Limited - 19 March 2021 #, page-69
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