Fitty the 225mill investment in FML has now diminished to 65Mill a loss of 160mill. Shandong are not going to risk spending money on another distressed asset when they cant make a cracker out of the one they have. I would think at this stage any that would be the right out of the question. Care and Maintainance would be a better option and preserve their capital till gold improves.
focus minerals, page-3
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Last
19.0¢ |
Change
0.005(2.70%) |
Mkt cap ! $54.44M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.0¢ | 19.0¢ | $11.46K | 60.35K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 51329 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 149 | 1 |
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| Last trade - 15.56pm 06/11/2024 (20 minute delay) ? |
| FML (ASX) Chart |