mmmmmmmmmmmmmm
realisation of funding short fall at March board meeting (3 year mine plan)
either carry on and raise funds - nothing more than small offerings - and continually having to go to market
Don did all the negotiations and Shandong deal was the "most beneficial" in the end - synergies similar operations etc
Ind Report and FIRB: not a strategic company , majority stake , but Shandong will demonstrate that they want FML to run the company and give FML the cash to do so and provide "expertise" to do so
Shandong attitude: wanted to make sure FML support the deal and will support FIRB approval (Cubbie station repercussions etc)
FML will remain a "liquid" stock (49%) - build a "new base" and remain liquid
increasing margins and lowering costs
will it bring in Chinese component to work force: no - independent australian contractors as per tenders
possibility to import capital equipment at better prices
time to feed the hounds
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Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $38.68M |
Open | High | Low | Value | Volume |
14.0¢ | 14.0¢ | 13.5¢ | $655 | 4.768K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2332 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.0¢ | 63338 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 26255 | 0.130 |
1 | 24000 | 0.125 |
1 | 4121 | 0.120 |
2 | 18181 | 0.110 |
1 | 8571 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.150 | 63338 | 5 |
0.155 | 29573 | 4 |
0.160 | 78550 | 4 |
0.165 | 36616 | 2 |
0.175 | 16889 | 3 |
Last trade - 15.30pm 27/09/2024 (20 minute delay) ? |
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