Just a thought
is there any other miner that did 77koz last year that's going to have 200koz worth of cash going thru it's fingers this year?
and what does 5g/ton pit cutbacks do to FML throughput NOW and its cost per ounce.
Bonus time?
How much are they going to hang onto as treasury ounces,until they need the cash for development or the next MOVE?
DYOR -then DYODD
5.6c and $1200/oz for 77koz
7.2c and $1700/oz for 200koz
with 1/4 dilution(new shares) = 150koz equiv
and at least $600 margin on average + versus $300 at $1200
Doesn't that make the current price a 3.6c equivalent?
IS FML TOO TOO CHEAP? Can't buy anymore-wish i could
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