FML 15.2% 14.0¢ focus minerals ltd

ann: fml to raise 227.5 mill via placement, page-187

  1. 60 Posts.
    Guys I would be interested in how people go about placing a value (market cap) on gold companies.

    Say End of this year FML has the following:
    $400M Mcap = 200k oz p.a with $500/oz margin + $200M cash + 4.3M oz resouces

    Say 2years time where would you place FMLs market cap with the hypotheticals below?

    $xx Mcap = 400k oz p.a with $500/oz margin + $40M cash + 8M oz resources

    thanks in advance

    Lenny
 
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