DECEMBER 2023
Processing 266,786 tonnes of gold ore at 0.98 g/t (mostly from low grade stockpiles)
and 87% recovery produced
7,262 ounces of gold for the quarter
Cash (unrestricted) at 31 December 2023: $1.198M
MARCH 2024
Processing 245,317 tonnes of gold ore at 0.79 g/t
and 89% recovery with
5,938oz of gold poured.
Cash (unrestricted) at 31 March 2024: $2.655M (After cash injection/loan refinanced)
FML MANAGED TO PRODUCE LESS GOLD AT LOWER GRADE THAN WHEN THEY WERE PROCESSING LOW GRADE STOCK PILES.
IF GOLD WASN'T AT $3700 THEY WOULD HAVE TO WITHDRAW MORE CASH WITH MAKES ONE WORRIED ABOUT HOW THIS QUARTER MAY GO.
I WONDER HOW THE MARKET IS GOING TO RECEIVE THE NEWS. GOOD LUCK ALL.
Ann: March 2024 Quarterly Activities Report, page-9
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Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $38.68M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.0¢ | 13.5¢ | $655 | 4.768K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2332 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 63338 | 5 |
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| Last trade - 15.30pm 27/09/2024 (20 minute delay) ? |
| FML (ASX) Chart |