FTE 0.00% 0.2¢ forte energy nl

Ann: Mauritania Uranium Update - Maiden Resource , page-7

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  1. 3,599 Posts.
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    re: Ann: Mauritania Uranium Update - Maiden R... Hopefully we've seen the end of that seller who keeps dropping lots of shares at 15.5c
    Will be interested to see if the million odd wanted at 15 c reappears today or was that someone trying to get the buyers to take his stock at 15.5c.
    If the next lot of grades increase by a few 100ppm we might see a lot more interest in the buy side.
    I imagine if they can average 500ppm+ like quite a bit of EXT's Jorc resource,[approx 290m/lbs ] we'll really start making money.
    I see Firawa's initial jorc resource of 11.6m/lbs averages at 296ppm.
    With a lot of their ground open at both ends,sides and down, it would be nice to think in the future they could build a similar resource to EXT, valued at $8.50+ p/s.
    FTE has got approx x2.4 more shares than EXT.
    Hopefully I'm not dreaming too much...I live in hope...LOL

    Regards
    Dabru
 
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