the copper price is good for any actual or near producers, but not much good for any explorers due to the long timeline to actually produce copper ( i think average find to mine period is 10+ years ). I cannot see FFM being able to get into production for a decade, thus large capex, no dividends. Only possible short term positive is if a current producer sees our tenements as so good they make a takeover offer at large premium.
ffm chart, page-98
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Last
74.5¢ |
Change
0.015(2.05%) |
Mkt cap ! $358.1M | |||
| Open | High | Low | Value | Volume |
| 73.0¢ | 75.0¢ | 71.5¢ | $727.2K | 997.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 20300 | 72.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 76.5¢ | 24000 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| FFM (ASX) Chart |