i prefer to make comparisons just in our region. SLR are v similar to FML, and have a mkt cap of about $200 million, like us. AVO are producing 180000 oz a year and have a cap of 600 million. So if they were producing only 90000 oz a year, like us, they would have a 300 million cap. On this comparison we could add another 4 c, placing our sp at 11-12 c. But this is only on what we are now, not on what we might be after a convincing resource upgrade and increasing thru put to our mill.
FML Price at posting:
7.8¢ Sentiment: Buy Disclosure: Held
