I'm not understanding something.
"To-date, previous owners have spent about $40 million on exploration across the portfolio."
So, why didn't those explorers start mining? Because metals prices were too low, or is the ground too difficult??
Small Caps summary of FEG ASX Debut, page-5
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Last
17.5¢ |
Change
-0.020(10.3%) |
Mkt cap ! $45.07M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.0¢ | 17.0¢ | $30.79K | 167.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24584 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 40579 | 2 |
View Market Depth
| Last trade - 15.33pm 19/07/2024 (20 minute delay) ? |
| FEG (ASX) Chart |