FTL firetail resources limited

Historical Trends: Examination of past copper hits at successful...

  1. 1,002 Posts.
    lightbulb Created with Sketch. 245
    Historical Trends: Examination of past copper hits at successful mines, particularly those with characteristics similar to the Picha Copper Project, indicates a potential for the development of a sizable Volcanogenic Massive Sulphide (VMS) deposit.

    Mining Type and Size: Trends suggest that high-grade mineralization, as seen in the early results, could lead to the establishment of a combination of small-scale underground mining and open-pit strategies, mirroring successful VMS mines. The polymetallic nature, coupled with significant copper grades, could position the deposit as a medium to large-scale operation.

    Monetary Value and Life of the Mine: Based on historical copper prices and deposit sizes, the early promising results at Picha, with grades surpassing 2% Cu, suggest the potential for a deposit valued in the range to hundreds of millions of dollars. The economic viability, coupled with the polymetallic nature and ongoing exploration, may contribute to a significant mine life, potentially spanning decades, adding further value to the project.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
8.5¢
Change
0.005(6.25%)
Mkt cap ! $32.30M
Open High Low Value Volume
8.1¢ 8.5¢ 8.1¢ $19.97K 238.2K

Buyers (Bids)

No. Vol. Price($)
1 100000 8.3¢
 

Sellers (Offers)

Price($) Vol. No.
8.5¢ 60375 1
View Market Depth
Last trade - 16.10pm 15/07/2025 (20 minute delay) ?
FTL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.