Thanks Reiner,
I hope you don't mind me mentioning that FML 'have not been struggling ever since' as you mentioned either.
The timing of CRE was far from ideal however too good to pass up. Take your point on that - the timing - and it did bring in unwelcome risk at the time which has been diminishing under their stewardship. Viable ore supply and ROM ore stocks have been handled.
As for struggling - they found most of the money to move a road, create stock piles of ore including ROM and cut back a 1km+ very large pit at Laverton, open up pits at Coolgardie, define the anomaly at Lake Cowan and de-water Dreadnought + cut back some of that too.
When will you guys get it? There is precious little understanding of mining or finance offered by some posters and I am happy to assist even if the remains of the meat pie are thrown at me at times ROFL. That does not stop the flow of comments, prefer to see questions myself and to ask them when I don't know which is how I learn.
The operational progress has been mostly self funded and has been huge. Any lesser company would not have managed this as everything that could go wrong did. They have not gone to the market since CRE despite cost rises and they have built a larger team to move forward on their aggressive plans. Many stated emphatically in here that they would. This is different and before you howl it is not to keep FML going or about the Sept or Dec quarterly listen to the DT interview - actually replay a few times and study and ask questions if you don't understand what he is saying because that helps!
I have said the management is great, the team is great, the ground position superb and that has all been vindicated - a mining house is under construction and I have been right and so has Keith. I have 227,500,000 reasons and the DD agreement from a leading investor to confirm this.
Yes a few changes Keith and I could not have foreseen, no apologies for that or a lousy gold stock sentiment / market not our fault either just something for individual investors to manage.
Signing off,
CW
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Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.11M |
Open | High | Low | Value | Volume |
14.0¢ | 14.0¢ | 14.0¢ | $6.301K | 45.00K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 86587 | 14.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.5¢ | 43200 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 86587 | 0.140 |
1 | 929 | 0.130 |
1 | 33474 | 0.120 |
1 | 10000 | 0.110 |
2 | 7871 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.145 | 43200 | 5 |
0.150 | 54554 | 2 |
0.160 | 11109 | 2 |
0.165 | 34919 | 2 |
0.170 | 10000 | 1 |
Last trade - 10.02am 20/08/2024 (20 minute delay) ? |
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