Hi all, can anyone explain what would happen to FEX in the unlikely event that they were unable to secure additional resource and exhausted the mine's life? Would all remaining funds be returned to shareholders? I'm optimistic there will be an extension of mine life, but want to understand what the base case scenario looks like. Thanks in advance.
End of mine life scenarios
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Last
31.5¢ |
Change
-0.010(3.08%) |
Mkt cap ! $224.0M | |||
| Open | High | Low | Value | Volume |
| 33.0¢ | 33.0¢ | 31.5¢ | $209.0K | 651.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 586582 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 149145 | 9 |
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| Last trade - 13.09pm 25/06/2024 (20 minute delay) ? |
| FEX (ASX) Chart |