FML 0.00% 15.5¢ focus minerals ltd

what is fml worth

  1. 33 Posts.
    FML GOLD Value
    --------------
    EV/Mineble OZ : 54/1.7 = 31.76
    TCO: 509

    bullioncmp: 900/oz
    per share value = [(bullioncmp - TCO)/(EV/Mineble OZ)]* CMP
    = [(900-509)/31.76]*0.044
    = 0.54 $
    FML is worth 0.54 $ on gold alone
    Am i right? pls advice

 
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