Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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I have been talking to the CHM analysts on Teleprobes list They are positive aboout iron ore and expect CHM to get an offtake deal with Chinese before the end of the year They also agree that FNC is undervalued in relation to CHM because of their multiple properties including Magpie which has fewer infrastructure issues than CHM An off take agreement for Magpie will be well received by the street IMO

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