Hey everyone. First of all thank you to all the regular and knowledgeable posters who contribute here on the FML threads.
My comments are framed within the context of the company as a whole and relate to my involvement which I hope will be long term. I am a relatively inexperienced investor thinking big picture.
Broadly, the noise about CRE, Stone, cash costs, remuneration, exploration, cap raisings and other issues that confuse shareholders should be juxtaposed with the current economic climate. No-one here needs to be reminded that global macro-economics suck at the moment but therein lies the beauty of investing in an expanding gold miner / explorer. The fear that fuels doubts about the aforementioned issues will also light a fire under the POG. FML with it's producing mines and attractive exploration targets will be a rewarding investment. A rising POG will leverage our land bank nicely.
So the risk for me re FML is a substantial drop in the POG.
Unfortunately a rising POG is reflected in the share prices of goldies gradually and incrementally but a plummeting POG would be priced in quick-smart. Having said that I don't think there is a risk of a large drop in the POG so I will stay the course with FML.
- Forums
- ASX - By Stock
- anyone else out there feeling suicidal?
Hey everyone. First of all thank you to all the regular and...
-
- There are more pages in this discussion • 17 more messages in this thread...
This thread is closed.
You may not reply to this discussion at this time.
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FML (ASX) to my watchlist
|
|||||
Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.11M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 112284 | 14.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.5¢ | 34482 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 112284 | 0.140 |
2 | 54554 | 0.135 |
3 | 27509 | 0.130 |
2 | 37595 | 0.120 |
2 | 18181 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.155 | 34482 | 3 |
0.160 | 37300 | 2 |
0.165 | 71956 | 3 |
0.170 | 10000 | 1 |
0.175 | 16889 | 3 |
Last trade - 10.02am 29/08/2024 (20 minute delay) ? |
Featured News
FML (ASX) Chart |
Day chart unavailable
The Watchlist
UNT
UNITH LTD
Idan Schmorak, CEO
Idan Schmorak
CEO
Previous Video
Next Video
SPONSORED BY The Market Online