Ann: March 2024 Quarterly Activities Report, page-94

I found an interesting graph that covers the journey over 21 years of FML from the start till the present, which may suprise.
It may give confidence in the future of FML or total despair.


FML began trading on the 31/03/2003 opening at $3.61. The shares rose dramaticly and peaked on 21/10/2003 at $12.09 then fell back to $2.23 by Nov 2005. By March 2011 the price was $4.78 and had stablised some what.
When SH bought in on 20/09/2012 at $2.50 with $227mil in the bank and SH's backing, many of us thought they might buy more tenements and become a bigger player as a miner. This did not happen they went prospecting instead. The price fell dramaticly to where were are today at 013.5 cents.
The graph shows why many of us are disillusioned with the managerment decisions over the past 11.5 years of continual share price decline.
My shares like Jag & Stumpy have been in the bottom draw since 2018, if only dust the was gold.