FML Gold profit estimate
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cash cost to produce 1oz: 537aud
bullion cmp: 1000 aud/oz
profit/oz: 1000 - 537 = 463 lets call it X
Total gold resource: 1.8Moz
Marketcap/Resource : 25/1.8 = 13.89 lets call it Y
per share value = [X/Y] * CMP
= [463/13.89] * 0.02
= 0.67 aud
FML is worth 0.67$ per share on gold resource.
Then there is Nickel (Total nickel resource 591,000 tonnes @ 2.2% Ni)
and What if FML hits a superpit at coolgardie :)
This is not an investment advice, please DYOR.
fml potential
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Last
13.8¢ |
Change
0.003(1.85%) |
Mkt cap ! $39.40M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.8¢ | 13.5¢ | $2.074K | 15.35K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21133 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 67030 | 2 |
View Market Depth
| Last trade - 15.46pm 25/07/2024 (20 minute delay) ? |
| FML (ASX) Chart |