Hi All
I have been thinking about FML and production costs,if at the moment we are processing ore with 2 grams of gold per ton,and costs are about $800 per ounce profit $700.If we now start processing ore with 5 grams per ton the costs should still be $800,but now we are now producing 2.5 ounces sell at $3750 less $800 costs profit is now $2950 thats a 400% increase.Am i right or have imade a basic mistake?
If i am right i don't think I'll ever sell my shares.What a great company to have shares in.
As per uaual I know nothing as sargent Sultz on Hogans Hero's says I know nothing,but things are happening just not quickly enough
lameeir
future profits
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FML (ASX) to my watchlist
 (20min delay)
|
|||||
|
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
| Last trade - 15.43pm 30/08/2024 (20 minute delay) ? |
| FML (ASX) Chart |