Hi all.
Can someone answer me a simple question, bearing in mind I am not a financial expert. I just want a feel for how profitable FML might be in the future?
I am guessing if it can do 400k oz and make about $300 per oz then we are talking about $120 million gross profit. I just want a view, as amidst all the negativity, surely this could be a massively profitable operation pretty soon?
I am getting excited again and thinking mid to long term again. Also, would most of that gross margin be spent again on more looking for more gold or is there a point at which they may start to bank it or return it to us?
profit - a simple question
-
- There are more pages in this discussion • 2 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
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $38.68M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.0¢ | 13.5¢ | $655 | 4.768K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2332 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 63338 | 5 |
View Market Depth
| Last trade - 15.30pm 27/09/2024 (20 minute delay) ? |
| FML (ASX) Chart |