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.
If the terrain is like that at Grasberg, then expect a very...
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16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $43.49M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 17.0¢ | 15.0¢ | $120.5K | 762.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 40000 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 140474 | 2 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| FEG (ASX) Chart |