I nearly choked on my weet-bix this morning when I saw 2b shares.
At 300m soi, FYI will have the same amount of cash as ADN once the 1.2c options are converted, approx $10m
After 12 months of being completely ignored by the market, FYI is slowly gaining traction now and imo will have a market cap closer to $150m-$200m before they draw on any capex. The GEM was signed when the market cap was $10m and I'm very confident more favourable funding arrangements and options will be available for this tier one project & I also 100% agree there's no competition between the ADN & FYI
Project CAPEX and Working Capital Comparisons, page-86
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Last
1.9¢ |
Change
0.001(5.56%) |
Mkt cap ! $52.87M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.9¢ | 1.7¢ | $143.1K | 8.168M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 2279535 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 2418400 | 10 |
View Market Depth
| Last trade - 16.10pm 30/04/2024 (20 minute delay) ? |
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Last
1.7¢ |
Change
0.001 ( 5.03 %) |
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| Open | High | Low | Volume | ||
| 1.7¢ | 1.8¢ | 1.7¢ | 5037801 | ||
| Last updated 15.59pm 30/04/2024 ? | |||||
| ADN (ASX) Chart |