I couldn't agree with you more pcash.
Their target of 54,000 ozs for the next 12 months will see them earn about $22,500,000 per month after cost of production is taken out. That is a very conservative estimate of $500 per oz profit.
With Aus gold going higher this could easily go up by half again or even more.
So even on my conservative figures this stock is a goer.
If I had some spare cash I know what I would be buying. My avereage is 6.6cps so I have a bit of ground to make up. If I could get more around 3c I would be very happy.
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Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $38.68M |
Open | High | Low | Value | Volume |
13.5¢ | 13.5¢ | 13.5¢ | $54 | 400 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 52054 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.0¢ | 2100 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 52054 | 0.135 |
2 | 20009 | 0.130 |
3 | 62595 | 0.120 |
2 | 18181 | 0.110 |
1 | 8571 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.150 | 2100 | 1 |
0.155 | 14055 | 2 |
0.160 | 37300 | 2 |
0.165 | 71956 | 3 |
0.175 | 16889 | 3 |
Last trade - 12.52pm 04/09/2024 (20 minute delay) ? |
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FML (ASX) Chart |