FTE 0.00% 0.2¢ forte energy nl

Based on fandamentals, back of the fag packet evaluationFTE was...

  1. TSS
    52 Posts.
    Based on fandamentals, back of the fag packet evaluation

    FTE was $0.11 when REE finding was annouced. It's now trading at $0.16, or 50% up

    Initial uranium sample showing REE which was worth five times (500%) more than the uranium in the same sample.

    Therefore FTE = 5 x $0.11 = $0.55

    On the upside REE samples tested since, have indicated that the REE is throughout the deposit and coming in better than the initial samples at 1.3% and better.
 
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