Hi All
I have been thinking about FML and production costs,if at the moment we are processing ore with 2 grams of gold per ton,and costs are about $800 per ounce profit $700.If we now start processing ore with 5 grams per ton the costs should still be $800,but now we are now producing 2.5 ounces sell at $3750 less $800 costs profit is now $2950 thats a 400% increase.Am i right or have imade a basic mistake?
If i am right i don't think I'll ever sell my shares.What a great company to have shares in.
As per uaual I know nothing as sargent Sultz on Hogans Hero's says I know nothing,but things are happening just not quickly enough
lameeir
future profits
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Last
18.5¢ |
Change
0.005(2.78%) |
Mkt cap ! $53.01M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 18.5¢ | 18.0¢ | $1.968K | 10.81K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 17316 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 54000 | 1 |
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| Last trade - 14.21pm 08/11/2024 (20 minute delay) ? |
| FML (ASX) Chart |