Fully agree nk. Mt Thirsty looks very impressive acquisition for both FIS (& TAS). Cobalt grades very high with good recovery likely (see Barra presentation). Will effectively be a cobalt mine with significant Ni credits...could be very lucrative going forward given supply/demand forecasts for both metals.
Worth checking out TAS as a means of exposure to both FIS (holds ~49%) and also Eden Energy EDE (holds~26%). The sums make TAS a pretty compelling buy when you consider the potential upside of their other projects (eg, Parkinson Dam) which are not currently factored into the TAS sp
FIS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held