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First Quantum Minerals Ltd T.FM

Alternate Symbol(s):  FQVLF

First Quantum Minerals Ltd. is a Canada-based global copper company. The Company produces copper in the form of concentrate, cathode and anode and has inventories of nickel, gold and cobalt. It is engaged in the production of copper, nickel, gold and silver, and related activities including exploration and development. The Company's operating mines include Cobre Panama, Kansanshi, Sentinel, Cobre Las Cruces, Cayeli, Guelb Moghrein, Ravensthorpe and Pyhasalmi. Its development projects include Enterprise, Haquira, Taca Taca and La Granja. Its operating segments include Cobre Panama, Kansanshi, Trident and Ravensthorpe. The Cobre Panama project comprises a series of copper porphyry deposits with main deposits, such as Balboa, Botija, Colina and Valle Grande. The Trident segment includes the Sentinel copper mine and the Enterprise Nickel development project. Its Ravensthorpe Nickel Operation is an open pit mine and primary processing plant located in the southwest of Western Australia.


TSX:FM - Post by User

Comment by blackdouglas2on Nov 29, 2023 12:20pm
160 Views
Post# 35758847

RE:Fm is DIRT CHEAP....

RE:Fm is DIRT CHEAP....
i agree with some of your logic. However, FM stock price can go much lower. Zambia mines are going to lower copper content, less production.  Zambia increased taxes, panama increased taxes.
Myself ,many other investors have no clue how long this dispute will take to solve this.
Costs to keep mine on shut down , severance pay etc.
This could take years to solve.
cooper could fall in price.
FM stock can go alot lower, or banktrupt as they have alot of debt due to Cobra mine construction.
i think new shareholders should  stay on side lines or pick another mining company., theirs still too much risk here.
i hope this helps new investors.


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