FME 0.00% 2.5¢ future metals nl

FME vs POD

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    FME - $80m cap at 23c

    POD - $175m cap at 59c

    Both WA PGE deposits


    FME - 14Mt @ 5G/t PGE for 2.4m ounces

    POD - 25Mt @ 1.5G/t PGE for 1.4m ounces


    FME has a LOT of catching up to do

    Fair value is clearly the same as POD, at the very least.

    Hence fair value of FME is 50c - and it'll get there, once the flippers are absorbed.

    Free money at 25c or less
 
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