$FLMMF Filo Corp. has received a $4.1B acquisition offer from BHP and Lundin Mining, with a valuation exceeding $200/oz for its resources. This offer is higher than typical industry valuations. Do you think this acquisition offer reflects the true potential of Filo Corp., or is there more value to be realized if the company remained independent?
Read analyst commentary here: https://www.researchfrc.com/content/analyst-ideas/post/124/sp-rebounds-gold-ma-bitcoin-caution
$FLMMF listening to Jaime Beck on Kitco, sounds like one more year of deep exploratory analysis of the site, and we may get more hot news at the end of the year, related to the depth of mineralization at the site and plans for commercialization.
$FLMMF Annual earnings
Year Earnings Change
2023 (TTM) -$0.11 B 55.34%
2022 -$66.72 M 160.43%
2021 -$25.62 M 87.14%
2020 -$13.69 M -33.61%
2019 -$20.62 M -6.51%
2018 -$22.06 M 52.89%
2017 -$14.43 M 121.07%
2016 -$6.53 M
$FLMMF Mark certainly likes it.
"Copper market context: Filo, owners of the single best discovery in the world and a deposit that will, without a shadow of a doubt, become one of the most important #copper mines in the 21st century is now down over 40% from its 52 week high."
https://twitter.com/Mark_IKN/status/1724096578917466588
