If the terrain is like that at Grasberg, then expect a very expensive development. Large and rich deposits are needed to support a mine in this part of the world. This will be along term project for FEG and more equity raising will be needed.
I would have thought the last thing they need at present is another demanding project when they seem to be struggling to get on top of what they already have.
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Last
17.5¢ |
Change
0.005(2.94%) |
Mkt cap ! $64.22M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.5¢ | 17.0¢ | $48.31K | 276.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 150000 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 5605 | 1 |
View Market Depth
| Last trade - 15.50pm 31/07/2025 (20 minute delay) ? |
| FEG (ASX) Chart |