Its coming....17 Oct 2020 14:25
Ferro Alloy Resources (FAR) was in the focus of some early bird investors, holding above recent 8p support. This was off the back of comment regarding the result of an imminent feasibility study, the possibility of a £2bn NPV, a £1.71 broker note price target, a CEO who holds 20% of the shares looking to a £10 price target, and the prospect of revenues of £245m per annum. The IPO of Ferro Alloy was at 70p versus the present 8.75p share price.