Great Post.
In my opinion what drops hardest can rebound hardest. This is where I believe FML value lies. If they can put together some good quarterlies, that meet stated production targets (or better them) and show declining cash costs the sentiment for the stock could change dramatically in my opinion, just on earnings valuation.
Treasure Island is blue sky and will take time to drill especially if they are still only using a diamond rig and not a RC rig. It is on a lake bed. In my opinion there seems to be gold there and when they move in the RC rig we should hopefully see some interesting results.
throw us a bone, page-9
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Last
15.5¢ |
Change
0.005(3.33%) |
Mkt cap ! $44.41M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.5¢ | 13.0¢ | $5.792K | 38.65K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 362 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 20120 | 1 |
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| Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
| FML (ASX) Chart |