FBM 0.00% 1.9¢ future battery minerals limited

Quick calc gives me $5.4 million incoming from options. Total...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 999 Posts.
    lightbulb Created with Sketch. 566

    Quick calc gives me $5.4 million incoming from options.

    Total cash balance for AOU will be over $10 million if all exercised today.

    Fully diluted AOU has 115 million shares. At current shareprice that gives a market cap of $24 million.

    Subtract the cash position gives an EV of $14 million, given the current drill program and potential upside things are looking rather good.
 
watchlist Created with Sketch. Add FBM (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.