Pinto,CW and those interested,
i keep suggesting those who invest there money should
DYOR - Do Your own research and
DYODD - Do your own Due Dilligence
If your interested in FML or any other company,start doing both.
When you do you'll have your reason to be where you are or aren't.
I've done what many others here have done,crunched numbers,looked at angles,some rather devious.
Considered FML's managements various predicaments and how they can and have handled it.I must say admiringly.
Researched the directors ways of handling things in the past,looked at the geology and learnt a lot.
Looked at mills,past plant and mine history,IT IS ALL THERE.
In the end you make a decision,would it have been better to buy FML now at 5.2c or 6 months ago at 7c.I've done both and don't regret that decision.Both were bargain buys and one just better than the other.
In the end you start doing your own proprietry research and some things just stand out.
The details of which give me personal confidence about future values on this business as a whole.The multiples it will ultimately reach.
FML now is a ground floor opportunity in something much bigger to come.
I can only stress,if you can devote the time,do full Due dilligence and do your own research.Do that if nothing else.
You will be duly rewarded when you can read the future actions of management by their past,you will know with reasonable certainty what the next QTR report holds.
If that isn't valueable,what is
DYOR+DYODD especially on FML-My position says it all
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