20c would be close to 2B market cap if the deal goes through, so the stars would need to really line up with drill results, pog, mills, reserves ans $/oz
they certainly will be able to do a lot next year, but it will not produce good number on the Q's. We will still be in the scenario where we spend more than we earn. The SP has been punished by this in the past.
So again it will be a while till we see earnings more than expenditure. They need this to pay divies. Even if they find stuff it will take a while to get into production.
I have had a market cap target of 1B for a while, the new money hasnt changed that in my mind yet but has changed the sp value to get it. So maybe around 10c next year if the stars line up.
p.s. i am not taking any SIR discovery type factor into account. I am looking forward to what they find at TI though. SIR shows you cant rule 20c out. In the end I would be very happy with 6-7c
- Forums
- ASX - By Stock
- FML
- try how high can the sp go
try how high can the sp go, page-2
-
-
- There are more pages in this discussion • 33 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FML (ASX) to my watchlist
(20min delay)
|
|||||
Last
16.5¢ |
Change
0.005(3.13%) |
Mkt cap ! $47.28M |
Open | High | Low | Value | Volume |
16.0¢ | 16.5¢ | 16.0¢ | $3.25K | 20K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9159 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 120650 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9159 | 0.155 |
1 | 25340 | 0.150 |
1 | 479241 | 0.145 |
2 | 23627 | 0.140 |
2 | 41138 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 120650 | 2 |
0.175 | 11067 | 2 |
0.180 | 4002 | 1 |
0.190 | 31322 | 1 |
0.195 | 102564 | 1 |
Last trade - 15.53pm 15/10/2024 (20 minute delay) ? |
Featured News
FML (ASX) Chart |
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online