Hi Cazzex in the middle of some stuff but skimmed this - FML acquisition is purchase of gold in ground at $99 an ounce by resource.
This does not mean they would get any of our produced gold under spot.
They make their money in FML by seeing dividends and capital appreciation via a SP over 5c and rising strongly. They also get value in ground via a rising Reserve - and rising Resource of FML way above 4.3M which the ground position supports.
Cheers,
CW
DYOR&DD
shareholders should demand firb 51% cap, page-14
Add FML (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
13.5¢ |
Change
0.010(8.00%) |
Mkt cap ! $38.68M | |||
| Open | High | Low | Value | Volume |
| 13.3¢ | 13.5¢ | 13.0¢ | $1.169K | 8.898K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 222192 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 67030 | 2 |
View Market Depth
| Last trade - 15.57pm 29/07/2024 (20 minute delay) ? |
| FML (ASX) Chart |