FML in the past has prided itself to be able to fund exploration out of cash
We all remember the debacle the last CR turned into
SH get told what the CR is for and we still think it was then used for the CRE TO.
So - if FML should be dire straits and require additional capital (missing all promises and indications !) - the board has to assume responsibility .
Should that mean sell exCRE to the Chinese for cash - so be it - unless Julia has made that impossible by now.
SH have seen the value of their shares smashed - not everyone is a trader, and not everyone can just "average down" nor should they be expected to do so.
IF the board got the company in a pickle it's up to them to sort it out not ask for more money.
Miss the promised target this June Q and I'm gone - cap loss or not.
As we find out (gradually) there is plenty of lower cost ore very close to home - now what 12 months after FML lost focus with wanting to be a big boy?
Show us what you used to do: produce at good margins - moth ball TI like Napean until you have the money to play with it.
Bird in the hand beats 2 in the bush.
CR - you better be kidding !
- Forums
- ASX - By Stock
- FML
- throw us a bone
throw us a bone, page-24
-
- There are more pages in this discussion • 28 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FML (ASX) to my watchlist
(20min delay)
|
|||||
Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $38.68M |
Open | High | Low | Value | Volume |
13.5¢ | 13.5¢ | 13.5¢ | $2.7K | 20K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7407 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 9385 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7407 | 0.135 |
4 | 56255 | 0.130 |
2 | 8621 | 0.120 |
2 | 18181 | 0.110 |
1 | 8571 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 9385 | 1 |
0.150 | 63338 | 5 |
0.155 | 29573 | 4 |
0.160 | 78550 | 4 |
0.165 | 36616 | 2 |
Last trade - 10.02am 01/10/2024 (20 minute delay) ? |
Featured News
FML (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online