FMG should 100% just buy that tenement off EQN and add it to Solomon operations but there are 2 issues which may be why they wouldn't...
FMGs relationship with the traditional custodians around Solomon is famously poor and so they might get nothing but resistance to any operation even if they did buy it and 2 - the proximity upstream to a nationally famous natural wonder in Hamersley Gorge means any operations would be under huge environmental scrutiny. You cant hinder flow into that river system and you can engineer solutions so you dont of course but its a consideration and a pain.
I love EQN and I'm hoping it does great things but I know this area and I'm just being devils advocate on the Iron ore tenement at Hamersley
- Forums
- ASX - By Stock
- Ann: Change of Director's Interest Notice - RM, AP, VC
FMG should 100% just buy that tenement off EQN and add it to...
Featured News
Add EQN (ASX) to my watchlist
(20min delay)
|
|||||
Last
37.0¢ |
Change
-0.030(7.50%) |
Mkt cap ! $45.69M |
Open | High | Low | Value | Volume |
40.0¢ | 40.5¢ | 36.0¢ | $273.0K | 734.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 308424 | 37.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
38.0¢ | 65251 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 308424 | 0.370 |
2 | 70000 | 0.365 |
3 | 137043 | 0.360 |
3 | 32930 | 0.350 |
1 | 29411 | 0.340 |
Price($) | Vol. | No. |
---|---|---|
0.380 | 65251 | 1 |
0.385 | 25000 | 1 |
0.400 | 15000 | 2 |
0.405 | 11142 | 2 |
0.410 | 77848 | 1 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
Featured News
EQN (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online