comparison with GIR:
to be fair the mentioned 260mt 56,5% FE only covers GIR flagship McPhee Creek.
GIR had in addition some smaller projects with a JORC ressource of approx 120 mt hematite (most DSO) and a 187 mt 31% magnetite project.
So the "derived FMS SP target" from this deal is about "only" 1,2 Bn A$.
Nevertheless FMS is of course a strong buy. Bought my first stake yesterday.
comparison with GIR:to be fair the mentioned 260mt 56,5% FE only...
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Last
78.0¢ |
Change
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Mkt cap ! $155.8M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5597 | 78.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 85.0¢ | 10000 | 1 |
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