Cas,
Great post but I think we are getting a bit carried away with building Mill 2 when FML hasn't got enough ore to go through Mill 1 for more than a year or two - yet.
The name of the game is resources and reserves. FML have quite commendably produced 70K ozs in the last 12 mths and closed debt/hedge and refurbed 3MH etc etc but...
Resources:
Apr 2009 1.8M
May 2010 1.9M
Reserves:
Apr 2009 111K ozs
May 2010 170K ozs
We need these numbers to go much higher - and soon - if the market is to look at FML as a serious LT prospect. IMO.
Cheers,
C12
the mount--a mini super pit??, page-19
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FML (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
13.5¢ |
Change
0.005(3.85%) |
Mkt cap ! $38.68M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 13.0¢ | $2.952K | 22.67K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 81 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 52678 | 3 |
View Market Depth
| Last trade - 15.58pm 16/08/2024 (20 minute delay) ? |
| FML (ASX) Chart |