Hi Garry,
Just be careful with your zeros....take one off and you will get the right profit margin!
Keep in mind though that historically, Focus has been very conservative with their forecasts (and rightly so)therefore these numbers are the base case.
Before the end of this FY, FML will be debt free, hedge free, cash positive and self funding all activities. With the Ni price recovering, do not discount a fresh look at Nepean before the end of the FY also.
Off the top of my head, I cant think of a single Au company with a similar market cap that can boast the above.
bottom has been and gone...my thoughts, page-3
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15.0¢ |
Change
0.010(7.14%) |
Mkt cap ! $42.98M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 14.0¢ | $57.71K | 409.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 102466 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 67982 | 3 |
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| FML (ASX) Chart |