FML 1.85% 13.8¢ focus minerals ltd

resource estimate with production cost

  1. 33 Posts.
    Inviting all gurus to share thier estimate
    on this specy

    I am a novice and this is my understanding of FML profit petential, please correct me if I am wrong

    Gold 1.6moz ?
    Nickel 13kt ?
    production cost: 500$/oz ?


    Gold profit/OZ: 800-500=300
    Nickel profit:13k *22k=286m
    Resource base(RB):[1.6m * 300] + 286= 766m

    Market cap(MC): 1250m* 0.05 = 62.5m

    sp potential=RB/MC * CMP= 766/62.5 * 12.25 = 0.6125c




 
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