FML has/will be
#. Debt free/Hedge free producer by dec 09
#. Mgmt: under promise over deliver
#. Nickel as bonus
#. plant recommision by dec 09
(reducing cash cost/revenue stream by lending spare capacity[matsa agreement])
#. Profitable producer of 80koz/yr BY FY10, 100koz BY FY11, this is conservative estimate, once plant is recommisioned 150+koz/yr is not unachievable by FY11
#. Estimated EPS of 1.13c in FY10.(currently trading at P/E of 2.4 FY10 earnings)
#. Proven resource of 1.9moz(Game changing exploration underway / speculated resource upside of 4/5moz in 3/5 yrs)
#. Good leverage to gold price rise in aud (30% rise in valuation for 10% rise in gold price)
Is FML a MULTIBAGGER in making?
This is not an investment advice so please DYOR
FML has/will be#. Debt free/Hedge free producer by dec 09#....
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Last
13.5¢ |
Change
0.005(3.85%) |
Mkt cap ! $38.68M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 13.0¢ | $2.952K | 22.67K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 81 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 52678 | 3 |
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| Last trade - 15.58pm 16/08/2024 (20 minute delay) ? |
| FML (ASX) Chart |