"With due respect, if FML was the Titanic you would still be...

"With due respect, if FML was the Titanic you would still be arguing that it was unsinkable, even though its been sitting at the bottom of the ocean for a 100 years."

Well, fml is still very much afloat with great assets and a large strong balance sheet.

Zero chance of going bust.

To me that bears no resemblance to the Titanic.

If we thought like you and a couple of others here we would have prepaid the funeral and bought the flowers already.

Now, the opposite is true. Fml has the room to cut costs right back and stand still if necessary to survive this storm - many others can't.

And when the weather clears she has the funds and the assets to catch fish when others won't even have a boat..


I don't know which way t his will go - I have said for a long time fml is an insurance in completely uncharted waters - and what better insurance than great assets, large cash holding, some gold held, zero debt.

Pinto