"You just need to read the Dec announcement." - you do realised that I knew the answer to my own question? It was to demonstrate that the core feed was only marginally higher grade than the low grade stockpile. Not high grade.
"All I am saying is that if you compare FML deposit against all other producers, FML still have a HUGE deposit, great grades and very economical" - that is not what you were saying, and that is also not truly correct. The individual deposits are moderate and the grades are average. The thing holding it up and making it a compelling investment proposition is the gold price. There is a reason why it went under previously and that is the risk of high strip, low grade deposits if project scheduling and forecasting is not spot on.
I'll leave it there.
"You just need to read the Dec announcement." - you do realised...
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Last
12.0¢ |
Change
-0.015(11.1%) |
Mkt cap ! $34.38M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 14.0¢ | 11.5¢ | $38.92K | 306.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 75000 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 44000 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
11.5¢ |
Change
-0.015 ( 17.9 %) |
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| Open | High | Low | Volume | ||
| 13.5¢ | 13.5¢ | 11.0¢ | 167939 | ||
| Last updated 16.00pm 03/05/2024 ? | |||||
| FML (ASX) Chart |