Future Metals NL (AU:FME) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Future Metals NL has announced a significant cut in corporate spending, with Executive Chair Mr. Patrick Walta voluntarily reducing his salary from $30,000 to $5,000 monthly to help the company preserve cash amid low PGM prices. The company remains focused on drilling priority targets, evaluating potential copper and precious metals projects near the Panton PGM Project, and seeking low-cost development opportunities. This initiative reflects the company’s dedication to financial prudence and strategic project advancement.
For further insights into AU:FME stock, check out TipRanks’ Stock Analysis page.
