Agreed. A$ gold price is now >2 x forecast C1 cash cost. Assuming no cost blow-outs, FML will be printing money if the gold price holds here. There should be more than enough cashflow to pay a nice stream of dividends which are likely to be fully franked.
Ann: Focus to Resume Production at Coolgardie, page-51
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Last
18.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $51.58M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 18.0¢ | 17.0¢ | $15.18K | 87.15K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 129350 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 13865 | 3 |
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| Last trade - 11.09am 17/10/2024 (20 minute delay) ? |
| FML (ASX) Chart |