Ann: Drilling Confirms Sulphide System at Panton, page-14

  1. 1,572 Posts.
    lightbulb Created with Sketch. 281
    Overnight the Nickel price rose USD1,911 to USD28,767

    The inground value of our 239k Nickel resource increased by $676m to AUD $10.1B

    I'm probably missing something here, but a quick comparison with CHN:

    CHN:
    20Moz PqEq at 1.8g/t
    $1.8B mcap

    FME:
    6.9Moz PdEq at 1.66g/t
    $46m mcap

    So we have 35% of the PdEq resource of CHN but only 2.5% of the market cap!

    If FME PdEq oz's were valued the same as CHN, our market cap would be ~ $620m or $1.75 per share.

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
1.7¢
Change
0.000(0.00%)
Mkt cap ! $16.29M
Open High Low Value Volume
1.7¢ 1.8¢ 1.6¢ $18.39K 1.069M

Buyers (Bids)

No. Vol. Price($)
1 212605 1.7¢
 

Sellers (Offers)

Price($) Vol. No.
2.0¢ 212666 5
View Market Depth
Last trade - 15.45pm 07/08/2025 (20 minute delay) ?
FME (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.