You clearly have no idea how much $250M in drilling means... but what that makes a bold statement
Company has 7 million ounces of gold... barely had any cash to drill. The real drilling is going to happen once they become cash flow positive again.
Ramp up in production is normal. Hiccups are normal.
Market over reacted but not for long.
Watch for production increases every quarter from here
and then everyone is going to join this thread as a genius investor in 12 months
and say the company is the most undervalued producer in Australia when share price is at $0.50
You clearly have no idea how much $250M in drilling means... but...
Add FML (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
14.0¢ |
Change
0.005(3.70%) |
Mkt cap ! $40.11M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.5¢ | 13.5¢ | $12.79K | 91.36K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 60148 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 14983 | 1 |
View Market Depth
| Last trade - 15.59pm 19/07/2024 (20 minute delay) ? |
| FML (ASX) Chart |