Hi All
I have been thinking about FML and production costs,if at the moment we are processing ore with 2 grams of gold per ton,and costs are about $800 per ounce profit $700.If we now start processing ore with 5 grams per ton the costs should still be $800,but now we are now producing 2.5 ounces sell at $3750 less $800 costs profit is now $2950 thats a 400% increase.Am i right or have imade a basic mistake?
If i am right i don't think I'll ever sell my shares.What a great company to have shares in.
As per uaual I know nothing as sargent Sultz on Hogans Hero's says I know nothing,but things are happening just not quickly enough
lameeir
Hi AllI have been thinking about FML and production costs,if at...
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Last
12.5¢ |
Change
-0.013(9.09%) |
Mkt cap ! $35.81M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 12.5¢ | $6.335K | 47.44K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 198192 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 67030 | 2 |
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| Last trade - 15.58pm 26/07/2024 (20 minute delay) ? |
| FML (ASX) Chart |