"Completed drilling demonstrates widespread and shallow mineralisation of
phosphate with numerous intercepts >20% P2O5%"
Could be a simple open pit type operation.
Cant say i understand phosphate too well but 20% results seem very good.
Add to this flouraspa, REE, phosphate and just as expected, these type of volcanic cones are just a massive wealth of commodities.... Shenghe must be licking their lips seeing us at 61m a month out from what was meant to be a turn-key financing agreement.
On top of that,. REE still profitable
what gives mr market? Answer = cheap takeover compliments of the order book being locked into a select few... Traditionally the opposite should happen but once again, we take the risks.. ASX facilitates a manipulation down and what will FIRB do? this is the issue that Shenghe and anyone colluding to buy this cheap hasnt taken into consideration....
- Forums
- ASX - By Stock
- Ann: Phosphate Bioavailability Test Results
"Completed drilling demonstrates widespread and shallow...
-
- There are more pages in this discussion • 44 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PEK (ASX) to my watchlist
|
|||||
Last
19.0¢ |
Change
-0.005(2.56%) |
Mkt cap ! $50.52M |
Open | High | Low | Value | Volume |
19.5¢ | 20.0¢ | 19.0¢ | $30.80K | 155.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 414238 | 19.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.5¢ | 356 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 361607 | 0.190 |
7 | 598563 | 0.185 |
5 | 195000 | 0.180 |
1 | 200000 | 0.175 |
3 | 525882 | 0.170 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 48717 | 1 |
0.215 | 10000 | 1 |
0.220 | 108028 | 3 |
0.225 | 110900 | 3 |
0.230 | 112971 | 4 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
Featured News
PEK (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online