i called it....see my earlier posts
The first 32000 ozs at $990 isnt bad at all. infact with the gold price settling, i'd wish they hedged more.
Anyway.....i said there would be a spike and the market would sell into it. I do expect the sp to settle between 6.5-7.5c. However i also expect a consolidation once the debt has been/or close been paid off. That should price FML (assumingt 10:1) around 60-70c. a good entry would be around 55-60c (15% fall). Remember FMl currently has around 65mil MCap..which is alot more than other gold species just producing. I expect FMl to hit $1.20 (MCap 120mil) from there. Just look at IGR and others for example.
Good luck all
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Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.11M |
Open | High | Low | Value | Volume |
14.5¢ | 14.5¢ | 14.0¢ | $19.01K | 134.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 54554 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.5¢ | 14055 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 54554 | 0.135 |
3 | 27509 | 0.130 |
2 | 37595 | 0.120 |
2 | 18181 | 0.110 |
1 | 8571 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.155 | 14055 | 2 |
0.160 | 37300 | 2 |
0.165 | 71956 | 3 |
0.170 | 10000 | 1 |
0.175 | 16889 | 3 |
Last trade - 15.43pm 30/08/2024 (20 minute delay) ? |
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