I just come on board yesterday. I guess many of investor thinking about life of mine (only 6.5 years) and no clue about the next expansion of the mine. I am pretty sure, when they have enough money in their pocket, A lot of 'junior exploration' looking for JV or acquisition. Based on their FS, they will still make profit when the IO price >A$86. They could have profit margin more than A$100 for current price - the timing really good.
Why might FEX be undervalued?, page-2
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Last
40.3¢ |
Change
-0.003(0.62%) |
Mkt cap ! $274.3M | |||
| Open | High | Low | Value | Volume |
| 39.5¢ | 40.5¢ | 38.0¢ | $603.3K | 1.529M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 367541 | 40.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.5¢ | 109922 | 6 |
View Market Depth
| Last trade - 12.06pm 06/08/2024 (20 minute delay) ? |
| FEX (ASX) Chart |