NO expert on FME ...but as we know PAN was more than happy to walk away from the project for 15mill during 2020 when PGM were at pretty similar values to present ...
PAN review of FME PGM project>>before sale
Outcomes of Detailed Review In FY2019, the Company commenced a detailed review of the Project. The review covered all aspects of the Project, bringing together geology, resources, mining and processing with the aim to produce a financial model based on the latest possible processing route designs and their respective operating and capital costs. The review concluded that while the addition of the chromite by-product concentrate stream and direct high quality PGM refinery feed products add value to the Project, underground mining is currently marginal due to the narrow and variable nature of the ore and associated high capital development costs. It was also assessed that a smaller open pit only Project lasting three years was slightly more attractive than the underground option..
Ann: Podium Enlarges Exploration Target and Recommences Drilling, page-31
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Last
5.2¢ |
Change
0.002(4.00%) |
Mkt cap ! $23.64M | |||
| Open | High | Low | Value | Volume |
| 5.2¢ | 5.4¢ | 5.1¢ | $76.35K | 1.460M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 80342 | 5.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.3¢ | 16677 | 1 |
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| Last trade - 16.10pm 20/05/2024 (20 minute delay) ? |
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Last
5.2¢ |
Change
0.002 ( 4.00 %) |
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| Open | High | Low | Volume | ||
| 5.2¢ | 5.4¢ | 5.1¢ | 337684 | ||
| Last updated 15.57pm 20/05/2024 ? | |||||
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