FMJ fortis mining limited

upside with chinese investment

  1. 13,252 Posts.
    I wonder how long before other chinese investors look at FMJ after Grand Concords investment. Not often you see a 25% premium paid on a placement, more often than not its 25% below SP. For Concord to place they must be pretty far along in the DD and far enough along to need the cash, no one places into 13% of a company at a premium unless the have ran there eyes over the figures and they add up to a many mutiple return. FMJ it seems has a lot more to go exciting times ahead.
 
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Currently unlisted public company.

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