Could not resist I had to top up at these prices.
I agree good results in general, sure the production cost are high but will come down from here on in.
Productions cost high due to ramp up with low grade ore and Toll Treating.
The reserves will start to look healthy over the coming months a 114,000oz increase in 6 months since the drilling was attacked seriously, this is including production depletion.
So a thumbs up analysis (Taking into account more production/production depletion and the same amount of riggs on site)with an average of increase of reserves of 16,000 oz per month which I do not beleive is unrealistic in actual fact conservative should see us move forward rapidly from here on.
Ann: Quarterly Cashflow Report , page-18
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FML (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
13.5¢ |
Change
0.005(3.85%) |
Mkt cap ! $38.68M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 13.0¢ | $2.952K | 22.67K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 81 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 52678 | 3 |
View Market Depth
| Last trade - 15.58pm 16/08/2024 (20 minute delay) ? |
| FML (ASX) Chart |