FML have just increased their potential several fold, IMO.
The story was ordinary and everyone had factored in the production story and the nickel.
But now there is a new potential in the company.
This exploration play has the potential to become a major find and it will attract the radar of the two neighbors, being Goldfields and Avoca.
Big gold deposits have other minerals associated with them and this one has a similar chemical signature.
From last announcement "Assay results have now been received from sixteen rock chip and grab samples
(see figure 2) which returned outstanding copper grades including 8.53%, 2.87%
and 1.51% Cu as well as anomalous gold, silver and nickel result."
This is similar to the great orebodies of StIves (Kambalda), Telfer and the Super Pit.
IMO this isnt a small deposit and shows the makings of something significant. Still early days though.
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just what the doctor ordered.
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Last
18.0¢ |
Change
-0.010(5.26%) |
Mkt cap ! $51.58M |
Open | High | Low | Value | Volume |
19.0¢ | 19.0¢ | 18.0¢ | $6.706K | 36.95K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 20497 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.5¢ | 47412 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 20497 | 0.180 |
1 | 80000 | 0.170 |
1 | 38458 | 0.165 |
2 | 68631 | 0.160 |
3 | 100716 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 59814 | 4 |
0.205 | 10000 | 1 |
0.210 | 7115 | 2 |
0.240 | 65509 | 2 |
0.250 | 118132 | 4 |
Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
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