Hi F&B..
Agree with the above statement - I have taken this out of the FML PFS
Hence the comment about 40-50m.. they will require working capital as well.
FML have a 20m loan at 3.5% interest rate for 3years for unsecure with SD-Gold (Chinese). They need to make full repayment by year 3 (started date Oct 2020). This gives less than 2 years to get into production and need 9 months to update the plant. If SD-Gold does not provide additional support they will be first in-line to acquire FML assets as an indirect TO.
Apologies all - this is all speculation about BCN could potential acquisition.
MacPhersons project was acquired from a Chinese company.....
DYOR - these are my last comments on FML.
Hi F&B..Agree with the above statement - I have taken this out...
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Last
2.2¢ |
Change
-0.001(4.35%) |
Mkt cap ! $92.98M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.2¢ | 2.2¢ | $67.46K | 3.066M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 127732 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 1854699 | 7 |
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| Last trade - 15.01pm 15/11/2024 (20 minute delay) ? |
| BCN (ASX) Chart |