The market cap is incredibly low for a miner that is scheduled to go into production soon and reach nameplate capacity in about 24 months with gold prices where they are. They have also generated cash from toll treating gold and the progress in the last 1 year has been very good and steady.
I am keen to invest more, but fail to understand why this the mcap is so low? Is it because of NPV (which will be seriously higher now given the gold price and the new addition to the resource, and once more exploration takes place) , or is it becuase SD owns so much of the company and no one wants to touch it for some reason?
I will appreciate some insights or point of view please.
- Forums
- ASX - By Stock
- FML
- Ann: December 2022 Quarterly Activities Report
Ann: December 2022 Quarterly Activities Report, page-3
-
-
- There are more pages in this discussion • 33 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FML (ASX) to my watchlist
(20min delay)
|
|||||
Last
19.5¢ |
Change
0.020(11.4%) |
Mkt cap ! $55.87M |
Open | High | Low | Value | Volume |
18.0¢ | 19.5¢ | 18.0¢ | $30.72K | 170.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 28446 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.5¢ | 108878 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 28446 | 0.170 |
1 | 38458 | 0.165 |
3 | 101933 | 0.150 |
1 | 6800 | 0.145 |
2 | 23627 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.195 | 108878 | 2 |
0.200 | 5000 | 1 |
0.210 | 800 | 1 |
0.240 | 15509 | 1 |
0.250 | 31322 | 1 |
Last trade - 16.10pm 21/10/2024 (20 minute delay) ? |
Featured News
FML (ASX) Chart |
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, Chief Executive Officer
Paul Long
Chief Executive Officer
SPONSORED BY The Market Online