finally a post with common sense thanks cab74 good post thumbs up
re "You would not buy a business and not take a wage"
the answer no you wouldn't but when u buy a business that pays a wage you'll also be paying a relevant price for it .
example and very much relevant i started many take away food outlets over the years from scratch ,designed build fitted out stocked up opened the doors for trading and it could take anything from 3 months to a year to see a dollar as wages not to mention the cash that may need to be pumped in on some weeks that had a day off and no income while the business grew .
pay day come when i sold the business and more then made up for missed wages plus the capital gains discount as icing on the cake or i would've gone and bought a proven business and payed up for it .
fml is no different they started from nothing and in my view have progressed very well ,sure its taken more then a few months or a year as in my above example but mining is not making bacon and egg rolls tuna sandwiches and cappuccinos .
fml price will appreciate as they progress with their drilling and selling their production of gold get cash in the kitty use some of the cash to buy back some shares at least the last lot they issued for a start but I'm not fussed the number of shares on issue is no issue fml gets played as some say well do the same with a small parcel as others do that will get the wage ppl talking about .
dyor just my opp.
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Last
16.5¢ |
Change
0.005(3.13%) |
Mkt cap ! $47.28M |
Open | High | Low | Value | Volume |
16.0¢ | 16.5¢ | 16.0¢ | $3.25K | 20K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9159 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 120650 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9159 | 0.155 |
1 | 25340 | 0.150 |
1 | 479241 | 0.145 |
2 | 23627 | 0.140 |
2 | 41138 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 120650 | 2 |
0.175 | 11067 | 2 |
0.180 | 4002 | 1 |
0.190 | 31322 | 1 |
0.195 | 102564 | 1 |
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