Whats going to drag the FML sp up is continued increases in quarterly ounce production, maintaining costs at $800 and lower, Gold price at $1,500 and higher and putting our created cash into good investments.
The questions- Is CRE a good use of our created cash and dilutive effects?...and is the TI purchase and subsequent exploration a good use of our created cash?
Both of these burners are yet to be determined and so only time will tell if management have invested our cash wisely or not......historically they've been pretty much on the money so i trust in them with CRE but TI is a measured exploration punt and so far pretty good.
CRE are mad not taking up the offer. If they don't its likey FML will pick up the remaining at cheaper prices next year.
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