WL, I might be in the minority here, but I like the idea of potentially mining Rare Earths, especially the scarce heavy ones. These are essential for producing the magnets that are more and more important now with the evolving high tech industry.
Chins has about 90 percent control of these currently.
Getting a sustainable free market source of these would put Falcon in an enviable position.
We could/would be able to get financing, or even grants to build a mine to bring them to market.
There would be interest from the US, Japan, Taiwan, S Korea and the EU in having a safe steady supply.
Regardless, with our strong gold prospects in Victoria, this would add another option in growing the company going forward.
There is nothing NOT to like, especially at the current bargain share price.
I'm over invested in Falcon as it is, but I'm thinking seriously of adding even more.
If I don't, I'll kick myself when it takes off.
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Last
19.5¢ |
Change
0.005(2.63%) |
Mkt cap ! $33.63M |
Open | High | Low | Value | Volume |
19.0¢ | 19.5¢ | 19.0¢ | $275 | 1.447K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 375 | 19.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.5¢ | 2447 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 375 | 0.195 |
2 | 31159 | 0.190 |
3 | 110351 | 0.185 |
4 | 87054 | 0.180 |
1 | 10000 | 0.175 |
Price($) | Vol. | No. |
---|---|---|
0.205 | 2447 | 2 |
0.210 | 36735 | 3 |
0.225 | 5880 | 1 |
0.230 | 16005 | 2 |
0.235 | 4200 | 1 |
Last trade - 10.07am 23/09/2024 (20 minute delay) ? |
FAL (ASX) Chart |