Well summed up Pcash! You've told the story as it was given to me yesterday, although I can add 2 further points. Firstly, I was advised that at the moment the mining plant they have which is yet to be brought into use is worth more than the current market capitalisation of the company, so low is the sp. Secondly, other larger companies are watching FML's progress on the nickel drilling as the company has the last known sulphide deposit. It is a very good story with the only thing of real concern currently, apart from the current sp, is the nickel price. The soon to be released BFS will put us in the picture there.
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Last
18.5¢ |
Change
-0.010(5.13%) |
Mkt cap ! $53.01M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 19.0¢ | 18.5¢ | $13.12K | 70.76K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15000 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 118797 | 4 |
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| Last trade - 15.45pm 01/11/2024 (20 minute delay) ? |
| FML (ASX) Chart |