FGL 9.76% 4.5¢ frugl group limited

Same story applies to many of the mining specs that fail to find...

  1. 128 Posts.
    lightbulb Created with Sketch. 11
    Same story applies to many of the mining specs that fail to find anything commercial in the ground after spending $Ms of investor's money. At least WGL have a useful working bug free app with a JORC of infinite supply at a marginal cost of production of almost $0.
    The stock market is full funny comparisons - I have a stock paying a 14% dividend yield (has been for 3 years) with free cash flow and loads of potential with a market cap less than many of the speculative mining plays that are yet to prove they even have a commercial amount of ore.
 
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