i agree with all comments...there will be a mix of debt and capital raising....but not to get the mining going, there will be enough cash on hand...but just bearly until production starts..then initially at ave 20000 tons of mining per month @ ave 6.5g = $2 to $2,5 mil in gold sales p/month after costs assuming 100% ownership of Perseverence. That would be enough to keep the company going and start the refurb of Nepean. With the skips being delivered as we speak, mining production to increase from to 40000 tons p/month this looks set to go.
Good luck all.....i have been accumulating and lowering my average...but have a price target of 20c+
should i buy, page-32
Add FML (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
14.0¢ |
Change
0.005(3.70%) |
Mkt cap ! $40.11M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.5¢ | 13.5¢ | $12.79K | 91.36K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 60148 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 14983 | 1 |
View Market Depth
| Last trade - 15.59pm 19/07/2024 (20 minute delay) ? |
| FML (ASX) Chart |