Talga MC was already well up there when they re focused/ re evaluated on the cobalt leases around the start of 17 or so. Like @spid81 said I don’t think the market has placed much weight on the cobalt side of things.
Talga management are streets ahead and on that metric alone you can justify the difference of MC, swap the teams out and FGR would re rate substantially. I have been a holder of both at various times but believe FGR to have the greater upside, just sad to see it get continuity diluted down when it was well placed to be a sustainable business two years ago it just lacked the team to make it happen.
FGR Price at posting:
17.5¢ Sentiment: None Disclosure: Held
