Hey all,
I put this table together today just to see the relative resource vs market cap of various PGM focused companies on ASX.
Clearly FME is lagging in terms of market valuation. The fact that the market currently sees GAL's discovery as more valuable than a proven resource looking to grow to 5MOz, probably has much to do with money flow and trading volumes and expect this valuation will pull back.
Feel free to add any other peers which I may have missed as the search wasn't extensive.
Cheers.
Ann: Further Significant Mineralised Intercepts, page-35
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