without CR and SPP FML would have brought home a negative cash balance
for me there are signs of FML starting to spread too "thin" - expenditure is just keeping up with income
FML is taking on/over CRE who just brought in a 50 mill loss for the year
As much as I agreed on " aggressively expanding into a rising gold price" would now like to see some actual plans in place and announced to SH and a massive reigning in on costs on more control on exploration
Yes - I agree that this has been a good phase for laying future foundations - but now needs to be mitigated by a period of solid earnings and rebuilding the cash coffers.
FML is currently still mining low grades - and unless we can access higher grades cost control appears to be an issue.
I would think that unless FML comes out with pro-active announcement real soon (as of this Thursday) SP will be stagnant if not retro-grade.
FML Price at posting:
6.2¢ Sentiment: None Disclosure: Held
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