FME
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5.00% 1.9¢ future metals nl

Ann: Further Significant Mineralised Intercepts, page-29

  1. Zammita
    3,217 Posts.
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    02/06/22
    17:59
    Post #: 61787230
    GAL has a $240 million MC with its new discovery having only a couple decent drill hits.

    FME currently have an estimated resource of 2.4 moz of PGE. In coming weeks/days, the estimated resource could increase close to 5 moz of PGE as the estimated resource is to be updated.
    FME has a very low MC of $60 million.

    Why is the market ignoring us? confused.pngwhat.pngconfused.pngwhat.png

    FME at this stage, IMO, should be at least 4 times its current MC - +$240 million
    FME Price at posting: 17.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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