I think people have forgotten that the quality of the ore is not good enough to mine and export, hence the reason why KFE are planning to process it in country using old world tech because that is the only feasible option.....
Correct me if I am wrong if it was feasible to dig it up and ship it they would have done that already... therefore the current high prices of IO is positive but in reality has little to do with the long term viability of this company
The current MC is a fair reflection of the risk and I. reality will not improve until we have a BFS that says otherwise...
Bankable Feasibility Study Schedule, page-51
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Last
0.7¢ |
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Mkt cap ! $25.36M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.7¢ | $22.98K | 3.308M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 7087667 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 127151 | 1 |
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| Last trade - 14.52pm 15/11/2024 (20 minute delay) ? |
| M4M (ASX) Chart |