Thanks Shady. FEL is part of the Tony Sage stable and my view is that FEL does not have the cash to do anything. I would expect them to sell out and ask for royalties. Whether WGX would buy that is probable. AUR probably doesn't have the money either but they might based on a positive feasibility study of selling the gold.
But we will have to wait for further drilling and a JORC (usually expensive and time consuming) which is probably 18 months away if the results are positive.
Thanks Shady. FEL is part of the Tony Sage stable and my view is...
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Mkt cap ! $2.383M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1337500 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 393286 | 2 |
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