Great insights. Looking forward to annoucement
Given FML is still ramping up production and there are always hiccups with staff, down times, etc. I think Dec quarter may low end but my take is around also 6,000 to 7000 oz's production in the Dec quarter which is still pretty good.
Then next quarter they may produce 12koz and that alone can help them print a lot of cash.
Weird to see the trading action. Tho. Any sight of strength is sold into. I wonder who is the seller and why?
I guess the rerate is going to come when the market reprice the company from a cahs negative "developer" to a cash positive producer. Let's see
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Last
13.5¢ |
Change
-0.010(6.90%) |
Mkt cap ! $38.68M |
Open | High | Low | Value | Volume |
13.5¢ | 14.0¢ | 13.5¢ | $1.423K | 10.17K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 33991 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.5¢ | 6779 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 33991 | 0.135 |
3 | 153576 | 0.130 |
3 | 390000 | 0.125 |
4 | 194309 | 0.120 |
1 | 8500 | 0.115 |
Price($) | Vol. | No. |
---|---|---|
0.145 | 6779 | 1 |
0.150 | 10096 | 1 |
0.155 | 7500 | 1 |
0.160 | 76875 | 1 |
0.165 | 9961 | 2 |
Last trade - 15.45pm 13/05/2024 (20 minute delay) ? |
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Last
13.5¢ |
  |
Change
-0.010 ( 0.00 %) |
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Open | High | Low | Volume | ||
13.5¢ | 13.5¢ | 13.5¢ | 6000 | ||
Last updated 12.30pm 13/05/2024 ? |
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FML (ASX) Chart |
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MGU
MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
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