Lets hope that this goes ahead as there is a huge re rating awaiting for the benefit of both companies. Here is some simple numbers:
Merged Group - mkt Cap approx $310m
Reserves - 690,000 oz (whats that worth? say $600+m)
Resources - 4.3m oz +
Losses to be used CRE - $60m+ tax benefit
1 operating gold mill
1 gold mill in good order requiring minimal capex
8 drill rigs in operation
huge greenfield site - TI
No debt
Huge tenments not drilled as yet
The upside is enormous and patience is all we need I HOPE
Lets hope that this goes ahead as there is a huge re rating...
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FML (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
12.5¢ |
Change
-0.013(9.09%) |
Mkt cap ! $35.81M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 12.5¢ | $6.335K | 47.44K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 198192 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 67030 | 2 |
View Market Depth
| Last trade - 15.58pm 26/07/2024 (20 minute delay) ? |
| FML (ASX) Chart |