gents,
although i believe Norton would benefit from a makeover with FML systems and management of operations,its mill is just too far away from FML tenements to give any synergies to the current FML.
FML has two diverse operations-its next moves will involve adding synergies to one or both operations,to maximise returns at either place(for FML),unless of course Norton could be got for say $10m loan and the giving of say 1/4 interest(in shares) in FML's current operations,just like CRE.Will Norton still have enough feed when the 800kt of site trash bought on nearby tenements is used up?Time will tell.
rumour has it on the shk thread"their mill keeps breaking down" although Stone are getting better with their announcements and learning how to do them.NME shares have collapsed on shk's honest statement NME are having problems with trucking permits and rain affecting their supply of ore to the shk mill.
DYOR+DYODD waiting on an Old Elephants arrival on FML's doorstep.
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Price($) | Vol. | No. |
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0.175 | 35235 | 1 |
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