I agree that FML has a higher risk, however there are two points. Firstly, if FML is perceived to be higher risk then that is already factored into the SP and therefore any gains here on in are received in full on a percentage basis. Secondly, as the POG rises, any perceived risk in FML will be much lower as they will have significant cash flows.
I have nothing against MML - it is one of my holdings. The characteristics are very different.
I don't see the attraction to TRY. They have total costs of $1,203 per ounce compared to FML at around $900. In addition, it seems that they are unable to increase production. Can I ask if I've missed something with them?
I agree that FML has a higher risk, however there are two...
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Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $38.68M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 13.5¢ | $2.587K | 19.16K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 24596 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 45000 | 1 |
View Market Depth
| Last trade - 10.22am 08/08/2024 (20 minute delay) ? |
| FML (ASX) Chart |