FML 0.00% 15.0¢ focus minerals ltd

I'm sure the amount of gold Italy is carrying is a drop in the...

  1. 1,119 Posts.
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    I'm sure the amount of gold Italy is carrying is a drop in the bullion ocean and wouldn't effect the nightly fluctuations of $50 up and down which is a regular range these days. Its no like they're going to dump it in one hit.
    Analysts would have no idea on the detail of what FML is doing. I base that opinion against the fact they they stated a PE of 16 was too high. This would indicate they haven't done sufficient research regarding TI and implied future revenue and PE based in increasing Oz's from organic growth and any margins they can obtain from CRE Oz's.
 
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Mkt cap ! $42.98M
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14.5¢ 15.0¢ 14.5¢ $2.397K 16K

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15.0¢ 35350 2
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