FML 0.00% 14.0¢ focus minerals ltd

glittering prospects - smh 13/11 - fml 17 cent, page-93

  1. 474 Posts.

    FML is a HCP thus offering leveraged bet to rising gold price. It cannot be valuated on the same metric as LCPs, CRE has added the risk and current mcap is reflective of the that risk, but it has also added a bigger reward if they are able to pull it off. Of course this is based on the assumption that gold maitains 1.5koz.

 
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