first quantum minerals FM on TSE Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : first quantum minerals FM on TSE

FM 27.19

0.0%

Jan 8 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Danny Wilson who wrote (210)	1/6/1998 8:00:00 AM
From: DRT	Read Replies (1) of 385

The loss of the Luanysha project and FM's decision not to proceed with Chambishi certainly undermined investors expectations in 97. The political uncertainty in DRC and declining commodity prices (gold + base metals) also impacted FM's stock price, and more recently DRC's review of deals with Tenke and America Mineral Fields have created new concerns. The production start-up of the Bwana Mkuba project and resulting cashflow, however, is a very positive sign that the company can bring projects through to production and this is what Gecamines in the DRC is looking for. DRT

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next