Hi
I spoke to Jon G after the meeting and he said any acquisition would be on FML's terms when the time and price was right. I don't think they will be taking any risk in todays market regarding this type of expansion.
Jon also said that he can't see any chance of consolidation of shares as he sees to much risk especially under the present circumstances.
At the meeting they mentioned that new results for Perserverance will be out shortly. The way they spoke I anticipate that the news will be very good - but this is my view on how I interpreted how they said it.
I believe we have steady hands steering FML and a continuation of cash flow positive, more discoveries and a rise in the Aus gold price will see FML be a sought after stock.
As in quite a few of my previous posts I think this is still a stock to accumulate and reap the benefits in a couple of years time.
Good luck to all that hold.
- Forums
- ASX - By Stock
- Ann: Chairman's Address to Shareholders
HiI spoke to Jon G after the meeting and he said any acquisition...
-
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
Add FML (ASX) to my watchlist
(20min delay)
|
|||||
Last
12.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $34.38M |
Open | High | Low | Value | Volume |
10.5¢ | 12.0¢ | 10.5¢ | $441 | 4.204K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5871 | 10.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.0¢ | 108990 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5871 | 0.105 |
1 | 34000 | 0.100 |
1 | 208058 | 0.080 |
1 | 35000 | 0.060 |
1 | 50000 | 0.056 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 107710 | 2 |
0.125 | 48000 | 1 |
0.130 | 52980 | 2 |
0.135 | 4928 | 1 |
0.140 | 67030 | 2 |
Last trade - 15.35pm 02/08/2024 (20 minute delay) ? |
Featured News
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
AVH
Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin
FML (ASX) Chart |