Yes. Banks hardly lose money. No doubt things are going well. Not like other such as CAI that cant increase production, grade low and debt is high. Not the case here.
. You got to buy these names "new old producers: when all investors doubt it. Because in 12 months they are going to be the mid tiers
FML has 2 processing plants (1 in care and maintenance), but a huge gold resource and was in the gutter for since the last cycle. Nobody touch it until they see profitability etc. then they run like EMR CMM etc.
It may take a while maybe even until next quarter. Because sellers are going to come back and smash it again a few times. Let's see
Yes. Banks hardly lose money. No doubt things are going well....
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Last
$2.90 |
Change
0.110(3.94%) |
Mkt cap ! $654.7M | |||
| Open | High | Low | Value | Volume |
| $2.75 | $2.94 | $2.72 | $2.647M | 918.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | $2.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.90 | 96995 | 1 |
View Market Depth
| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| CYL (ASX) Chart |