I would sell this company in a heartbeat if it was LOOSING money...

I would sell this company in a heartbeat if it was LOOSING money or making NO money.

HOWEVER

The fact that the company made net positive operating cashflow of $2,363,000 during the March quarter.

Then made
net positive operating cashflow of A$7,941,000 during the June quarter.

And continues to grow production.

The fact that the company is on the cusp of proving up hundreds of millions if not billions of dollars of resources of oil & gas.

The fact that the company has 20 million dollars cash in the bank with NO DEBT.

Is enough for me to hold my share of the company tight and watch the company grow regardless of the share price gyrations.

I remember buying FMG for $2.53 per share early 2015, it then went down to $1.44 per share 12 months later, I’m glad I held my shares tight, actually wish I had bought more when it was down that low.

IMO
DYOR