What is the winning condition and bet for the next date? I think you two should be more concrete about it.
As for Coolgardie project, it is far from desperate at this moment. Greenfield is only one of the four pits scheduled and only consists of about 15% of the gold to be produced. Even if you assume grade stayed at 0.8g/t for the rest of Greenfield ore and a 20% production cost blowout, the initial 7 yr would still have a 200m+ NPV at POG A$3000 and 7.5%.
Market has been harsh to FML as always like the last 10 years.
Ann: March 2024 Quarterly Activities Report, page-47
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Mkt cap ! $42.98M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 3 | 19159 | 13.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
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