There maybe a tons of shares on issue, but they're also debt free, every company needs to be financed somehow and FML's management went with equity.
Also FML have their own exploration and drilling programs in place for the year to expand resource bases and maybe bump up the reserves, but we'll just have to wait and see for that.
Anyway, I still have faith in FML which is why I continue to hold them but thats my choice and opinion. I'll respect yours that you think FML still has issues and I'll leave it at that.
Btw, I also find your name slightly ironic when you comment "This is a dog stock", you should rename :P
FML Price at posting:
7.0¢ Sentiment: Hold Disclosure: Held
