Well thought out post Slura! Very little chance IMHO that FML won't do at least as well as you predict. We can also look forward to an increase in resources and reserves with millions to be spent on drilling. Focus have almost an entire, underexplored gold field to explore, and with 30 odd Km of komatiite virtually undrilled, and Nepean ready to go, they should be considered a serious nickel player too. Once nickel price improves, Nepean will go into production, and cash flow from Nepean will cover all nickel exploration costs, including drilling under Nepean, and drilling the 3 nickel anomalies near Nepean. Remember this is sulfide nickel, the best kind, not laterite. When Focus reached 12 or 13 cents a few years ago, they had half of the Coolgardie gold project, still in exploration stage, and Nepean. I suggest it was nickel, not gold driving FML share price then.
Check out the old reports, and DYOR always.
K
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Last
17.5¢ |
Change
0.005(2.94%) |
Mkt cap ! $50.14M |
Open | High | Low | Value | Volume |
16.5¢ | 17.5¢ | 16.5¢ | $22.19K | 132.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 28446 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 35235 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 28446 | 0.170 |
2 | 56458 | 0.165 |
3 | 101933 | 0.150 |
2 | 9041 | 0.145 |
2 | 23627 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 35235 | 1 |
0.180 | 2846 | 1 |
0.190 | 1460 | 1 |
0.195 | 102564 | 1 |
0.200 | 5000 | 1 |
Last trade - 14.56pm 18/10/2024 (20 minute delay) ? |
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