FML's current market cap is $200 mill
Anticipated gold production 2011/12 = 120,000 oz
At a gold price of AUD $1,666 AVE.....= $200 Mill gross income over next 12 months
Ave production costs say AUD $833 per ounce....leaves $100 mill net profit before other expenses and tax
The maths improves further with CRE under our control
What is the fair trading price of a company with these figures?
A LOT MORE THAN 6C!!!!
I am buying as many as I can....it cannot be too far away when investors wake up that this stock is an absolute bargain.
prediction of sp over the coming weeks... , page-8
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Last
15.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $42.98M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3884 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 144463 | 7 |
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| Last trade - 16.12pm 04/10/2024 (20 minute delay) ? |
| FML (ASX) Chart |
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