FML focus minerals ltd

maybe after 3 strikes they should be out?, page-3

  1. 2,651 Posts.
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    interloper,

    If its any consolation,i have no doubt that if the 25% NO vote passes,you will see these same independent trust investors accumulate what they can cheaply to ensure the 50% tip vote in 3 months is passed and we see a new BOD presented as well.Then you will see less cash diversion and see an expansion of 3mi as quick and cheaply as possible.

    I actually consider FML GROUND MANAGEMENT(which is really what Shandong want) have done mainly well on the ground.

    It's lack of higher grade ore that has hampered FML on the ground.Disappointing they waited until it would only depress the shareprice to mention dreadnought mining map from 1924 showing Metropolitan area,when they already knew about this and presented it in a presentation map,without comment,before Shandong came on the scene.That signifies,predominantly remnant ore only left there.There is nothing wrong with the ground operational model,the board has let them down IMHO in allowing and not allowing a certain flow of development due to hiving cash elsewhere for Grandeous schemes such as TI,Laverton pre-strip(next 18 months at one stage)instead of producing ounces NOW at Coolgardie to provide the cash to do it with later.

    I'll give them they tried to get higher grade ore at The Mount to replace the underground from Tindals.
    I suspect there are other sniffers,ex UK?,wishing to be better informed,asking after some private research i have done myself here."Zetoc" in any throw away email address has to get you wondering,doesn't it? Give google a go and wonder who has the paid/govt access to the Zetoc system.
    Probably just an adviser trying to figure out how to keep on the good side of investors he put in FML's direction,no doubt.
    28% dilution at Apollo makes my figures even more glaring,by the way,not the other way around.
    Along with the 628koz site trash stocks at 1.3 just confirming my ton estimates although i thought the AV grade would be down to .8g/ton by now.

    DYOR+DYODD What a mess.



 
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(20min delay)
Last
35.0¢
Change
0.000(0.00%)
Mkt cap ! $100.2M
Open High Low Value Volume
35.0¢ 35.5¢ 35.0¢ $5.272K 15.02K

Buyers (Bids)

No. Vol. Price($)
4 96571 34.5¢
 

Sellers (Offers)

Price($) Vol. No.
35.0¢ 3948 1
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Last trade - 16.10pm 04/07/2025 (20 minute delay) ?
FML (ASX) Chart
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