bunch of whingers (not everyone)!, page-6

I will indeed shell my shares if I see this offer actually going through as it stands, although I hope to take my profits at 4.4c for them, not as they are now. The very low volume of this bounce does concern me though if I will be able to meet that goal. I am indeed also annoyed that if it were not for this Shandong offer, my original investment in FML as a strongly leveraged holding to the forecast gold price increase. Following my other gold holdings, FML should be well over 5c now, given that the gold price increase has more than doubled their cash margins in the long term.

Look at the other similar gold miners price action since August, does anyone here seriously doubt that our price would be well over 5c by now?

In the long term our NPV compared with previous broker reports has gained significantly more than the $225M current cash offer. This cash does not allow FML to develop anything it could not do on its own, it only speeds up the timetable. Given the continually increasing gold forecasts I do not see the rush, our organic gold value in the ground has double digit growth, let alone future developments!

With the current gold price and long term forecasts, and our current production, FML is hardly speculative at the current share price! A quick look back on HC for the last 12 months, will show that everything that happens leads to a majority viewpoint that the share price will go up, yet it has halved. Now we have cashflow positive production, increasing, and increasing gold price and forecasts, all perfect conditions and this time FML share price should surely be going up with every other gold producer. You should be asking what is it that is different about FML now that the price is not going up to match the increase in NPV? The institutions and bigger players can do these calculations and have decided which companies to invest in, do you know something they do not?