FAL 5.88% 27.0¢ falcon metals ltd

Ann: High-grade Mineral Sands Intersected at Pyramid Hill, page-16

  1. 4,964 Posts.
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    errrr.......bc they have heaps of other projects?.....and just bc it is turning out to be a "bit of a dud" atm doesn't mean it will be a dud.....is $5M (a bit more today) a fair EV for all that is on offer here.....certainly not!!!! and is PH travelling well five years since they started prospecting......mmmmm......thats up for debate and probably why they have pegged more ground and are looking elsewhere. but no matter how you look at it......the with $15m in the bank they have plenty of dosh to make a company making discovery and that's why I bought CHN in 2019 which sent me into early retirement
    Last edited by blueskybaby: 25/03/24
 
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