RE: fniA word of caution - be very careful with restart companies like FNI since there are many things that could go wrong. There's execution risk on recommissing and if more funding is required, then more share dilution. With the project funded with quite a substantial amount of debt, the company could go bankrupt if operations are not profitable. Base metals can be very volatile and a collapse in the economy and prices negatively affect revenues. Input costs continue to increase which cuts bottom line profit. Unlike gold companies that ship dore to refineries for a 0.5-2% charge, base metal producers typically enter into off-take contracts where they only ship concentrate which translates into 65-80% of spot prices. Also, base metals are in good supply whereas precious metals are in tight supply.
I've been burnt twice so far with two nickel stocks: BEL and UMJ. The PoN isn't helping their profitability going forward so I dumped them for modest losses and reinvested those funds into lower-risk AME and gold producers. A painful lesson to learn, but one that reminds me not to invest in ventures I don't completely understand.