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
25.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $180.1M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 25.0¢ | 24.5¢ | $37.11K | 148.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 38038 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 96582 | 1 |
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| Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
| FEX (ASX) Chart |