FML 0.00% 15.0¢ focus minerals ltd

nice one on the KRL dsab. But to say:"FML arent debt free they...

  1. 3,772 Posts.
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    nice one on the KRL dsab. But to say:

    "FML arent debt free they actually carry a fair bit of debt"

    isn't quite right. FML, WILL be debt free by December. I wouldn't be jumping off this train because of their debt.

    My forecasts last week for FML's share price were for 5c at the end of last week (ended at 5.3c), the quarterly will be out this week and I think this will cause a new surge to end this week at 6c. End of November will see TMH recommissioned and as mentioned earlier, FML will be debt free by the end of December so I forecast FML will be 7.5c by the end of the year. Come the first quarterly when we see the costs of FML drop, I think we'll see 10c then, at latest it'll see 10c by the the announcement of the June quarterly.

    This is all based on my research of what is to come for FML over the next 9 months and a pog price of AUD$1100 - $1200.
 
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