Agree entirely Jahar,
Held MOL the for the Spinifex Ridge Moly/Copper Mine development in late stage planning.
Dumped them at a loss following sell out (51%) to China.
Look at them now with only a million ton small iron ore mine in operation and at .17c share price.
China is gaining control of aussie and global assets on a 100 year time frame. Moly assets are in the larder at Chinese discretion, not for short term aussie punters.
However China will most likely push for gold expansion at breakneck speed in their rush into gold but don't like FMLs chinese 51% stake sellout one bit and will be voting accordingly.
How come FML continues to dissappoint it's long term holders so much?
Don't mind the cash to fund the expansion but need to re assess giving control to the dragon.
cheers
mamba
the vote..., page-5
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Last
18.5¢ |
Change
-0.010(5.13%) |
Mkt cap ! $53.01M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 19.0¢ | 18.5¢ | $13.12K | 70.76K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15000 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 118797 | 4 |
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| Last trade - 15.45pm 01/11/2024 (20 minute delay) ? |
| FML (ASX) Chart |