You could well be right on Nepean Recyug, but then the timing for a nickel project go-ahead would not be great, with recent reports of a developing oversupply of nickel, and a significant price fall expected over the next 12 - 18 months.
In addition to the established Australian nickel mines, there are some large nickel projects recently ramped up or near to production,e.g. Ravensthorpe(First Quantum) and Lounge Lizard (Kagara & Western Areas), and MLX's massive Wingellina nickel project is still waiting for additional JV partners to get it underway.
There are several rumours floating around about consolidation in the gold sector, and it may be that FML is involved in some way. Both St Barbara and Catalpa might be looking for alternatives to their proposed 'marriage', which is not proceeding smoothly. Norseman, Norton and Integra are all possibilities for some sort of gold deal or JV, but the La Mancha White Foil angle is worth having a look at.
Interesting times.
You could well be right on Nepean Recyug, but then the timing...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FML (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
13.8¢ |
Change
0.003(1.85%) |
Mkt cap ! $39.40M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.8¢ | 13.5¢ | $2.074K | 15.35K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21133 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 67030 | 2 |
View Market Depth
| Last trade - 15.46pm 25/07/2024 (20 minute delay) ? |
| FML (ASX) Chart |