Cash about to start flowing and will be boosted by $150M of carried forward tax losses. ParentCo debt should be repaid in no time (<24 months).
So in 2 years FML will be
- producing almost 60kozpa (unhedged),
- debt free,
- with upside from:
- potential life of mine extension at Coolgardie from resource extension or acquisition of nearby resources, and
- development of the Laverton project.
$60M market cap is way too cheap. Should become pretty clear very shortly.
- Forums
- ASX - By Stock
- FML
- Ann: Focus to Commence Production at Coolgardie
Ann: Focus to Commence Production at Coolgardie, page-23
-
- There are more pages in this discussion • 6 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
Add FML (ASX) to my watchlist
|
|||||
Last
16.5¢ |
Change
0.020(13.8%) |
Mkt cap ! $47.28M |
Open | High | Low | Value | Volume |
14.5¢ | 16.5¢ | 14.5¢ | $9.976K | 68.80K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 24701 | 14.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 9616 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 24701 | 0.145 |
3 | 19572 | 0.140 |
2 | 77000 | 0.135 |
4 | 135286 | 0.130 |
3 | 325576 | 0.125 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 4616 | 1 |
0.170 | 101060 | 2 |
0.175 | 38584 | 4 |
0.185 | 8430 | 1 |
0.190 | 17548 | 2 |
Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
Featured News
FML (ASX) Chart |