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?
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Last
35.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $100.2M | |||
| Open | High | Low | Value | Volume |
| 35.0¢ | 35.5¢ | 35.0¢ | $5.272K | 15.02K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 96571 | 34.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.0¢ | 3948 | 1 |
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| Last trade - 16.10pm 04/07/2025 (20 minute delay) ? |
| FML (ASX) Chart |