Far East Gold Ltd (ASX:FEG)’s Paul Walker discusses the aftermath of the company’s successful market listing with Proactive’s Joel Flynn. The company raised almost $12 million dollars and has enjoyed a lively first week of trading, trading an average of 2.1 million shares a day and gaining 45% on its share price to date.
The junior mining company holds three advanced copper-gold projects in Indonesia, and three less developed copper-gold assets in Australia. The Wonogiri Project in Indonesia already holds a 1.15-million-ounce gold equivalent JORC resource with a cut off at 0.2g/t.