There are fifty -a hundred listed magnetite companies globally saying exactly what CAP are saying. The reality is it wont happen - two magnetite plays got away in the last boom -one went belly up and the other cost $16 billion and still not making a profit.
Cap has a market cap of $48 million with a magnetite project that has no funding -light years from production . FEL has a market cap of $33 million about to ship DSO within months and make huge profits. You may be ahead at the moment -but as you are keen to say see you when FEL are $1 and CAP is still a few cents.
There are fifty -a hundred listed magnetite companies globally...
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Mkt cap ! $8.694M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.7¢ | $248 | 35.42K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 15445692 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 0.8¢ | 1750388 | 7 |
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| Last trade - 10.02am 03/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 0.7¢ | 0.7¢ | 0.7¢ | 512500 | ||
| Last updated 15.55pm 03/05/2024 ? | |||||
| EFE (ASX) Chart |