FTE forte energy nl
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FTE has very good properties and has made a decent u strike. May...

  1. sydneysider
    4,847 Posts.
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    23/06/09
    12:59
    Post #: 5313236
    FTE has very good properties and has made a decent u strike. May be in the range of 4-8 million pounds and near surface BUT folks the u price is around a very low US$53 a pound which does not help the economics.

    Add in the fact that the DOW collapsed and gold is trading around $914 and FTE will go back to its old trading ranges. Looks like we just had a bear market rally and the downside can be really awful.
    FTE Price at posting: 12.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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