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16,813 Posts.
3206
21/06/22
11:52
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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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