I also think that the next quarterly will be a boost to the share price. When they prove the costs are coming down then we will see more confidence in this company.
Having spoke to them yesterday, it seems that they haven't explained themselves very well regarding the increase in costs.
The cost increased due to them bringing forward some work from a contractor, it seems as though the contractor had a cancelation and was able to provide services at a discount.
I really think we could see a huge increase in share price after the yearly report and soon after the company announces FML are debt free in September. In the mean time in will increase steadily IMO.
Cheers.
todays 80 per cent gold resource upgrade, page-3
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Last
16.0¢ |
Change
0.020(14.3%) |
Mkt cap ! $45.84M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 16.5¢ | 14.5¢ | $61.34K | 397.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9159 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 30650 | 1 |
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| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| FML (ASX) Chart |