Not a bad MRE with grades to boot.
Question:
- What % of the strike or potential here has been included in the MRE ?
- Are there Fe impurity with the metalurgy test here?
Yes in comparison with CHN's 10Moz MRE so far - FME market cap is significantly undervalued.
The only saving grace for CHN is that they have barely explored the 25km strike of the Goneville structure I believe.
So the question is how much more upside does FME's mre have - that might be a factor for the sp.
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- Ann: Independent Resource Estimate of 6.9Moz PdEq
Ann: Independent Resource Estimate of 6.9Moz PdEq, page-27
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Mkt cap ! $9.200M |
Open | High | Low | Value | Volume |
1.6¢ | 1.6¢ | 1.6¢ | $300 | 18.75K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 208400 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 435050 | 1 |
View Market Depth
No. | Vol. | Price($) |
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2 | 208400 | 0.015 |
1 | 70000 | 0.013 |
3 | 722195 | 0.012 |
3 | 1325460 | 0.011 |
5 | 1138099 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 435050 | 1 |
0.017 | 800 | 2 |
0.018 | 20000 | 1 |
0.019 | 463032 | 4 |
0.020 | 1129743 | 2 |
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