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.
Not a bad MRE with grades to boot.Question:What % of the strike...
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Last
2.0¢ |
Change
-0.001(4.76%) |
Mkt cap ! $11.50M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.0¢ | 2.0¢ | $11.04K | 552.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 304966 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 500000 | 1 |
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| Last trade - 15.21pm 10/07/2024 (20 minute delay) ? |
| FME (ASX) Chart |