Not really, when you think of assets including a mill valued at c. $100-$140M, reserves and inferred resources growing and assuming no collapse in POG (the biggest risk aside from a massive natural disaster), then conservatively 10 years of profits of $5M to $50M ???? annually and it make sense.
The challenge is that FML cant control POG and also is not that interested in stating a long term outlook but rather churning ore fast on a rolling 2-3 year horizon. We shall see, but it is not a wild market cap at the new figures.
Not really, when you think of assets including a mill valued at...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
38.0¢ |
Change
0.020(5.56%) |
Mkt cap ! $108.8M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 38.0¢ | 36.5¢ | $84.71K | 228.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.5¢ | 18301 | 2 |
View Market Depth
| Last trade - 16.10pm 16/07/2025 (20 minute delay) ? |
| FML (ASX) Chart |