Hi Cazzex in the middle of some stuff but skimmed this - FML acquisition is purchase of gold in ground at $99 an ounce by resource.
This does not mean they would get any of our produced gold under spot.
They make their money in FML by seeing dividends and capital appreciation via a SP over 5c and rising strongly. They also get value in ground via a rising Reserve - and rising Resource of FML way above 4.3M which the ground position supports.
Cheers, CW DYOR&DD
FML Price at posting:
3.8¢ Sentiment: LT Buy Disclosure: Held
