I’d have to agree that I think it will prove to be wildly optimistic.
Here’s why….The grades have clearly been decreasing. In the March quarter FML stated they expected grade over the coming quarters to improve. History shows in the June quarter they actually decreased and further more, FML did not reiterate improving grades. They simply ignored the grade discussion.
You’d have to think 0.8 g/t will be around the figure until it’s depleted in less than 6 months……
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Last
37.0¢ |
Change
-0.015(3.90%) |
Mkt cap ! $106.0M | |||
| Open | High | Low | Value | Volume |
| 36.5¢ | 37.5¢ | 36.5¢ | $22.91K | 61.82K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 39223 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 2995 | 1 |
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| Last trade - 15.55pm 31/07/2025 (20 minute delay) ? |
| FML (ASX) Chart |