juk... went to have quick squiz at FML and began to download their presentation till i saw how huge it is!! Frankly, unless the company can produce gold below US$400 cash cost and has no debt... then i'm looking elsewhere. The boom has gone out of the stkmkt and focus must return to fundamentals. Bigmargins=decentEPS=BUY. Otherwise look elsewhere IMO. For example i was not willing to buy SLR above $1.00.... despite the bright future. Its about getting value.
SLR Price at posting:
85.0¢ Sentiment: Buy Disclosure: Held