Peoples,
I was in this stock a few years back when they were 10c +, sold out @ about 7.5c to put my cashola in other ventures. At the time, and still now, the fundamentals for this company looked great and the reserves amazing... However, the reason the share price went dow was to to a forward selling of produced gold for revenue was done when the price of gold was around the $400/ ounce mark. Since then gold has gone wild and FML still had an obligation to meets its supply contract. Check through some very old posts on the FML thread, all the information is there...
I am looking to get back in here at some stage as i agree that it is market cap thats important not share price, however can anyone tell me if there is any information regarding the completion of the supply contract for the low gold price and if not how long until they are then able to sell it for spot price??
not down ramping however the truth is the most valuable asset when searching through these specs.
youth
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Last
13.0¢ |
Change
-0.005(3.70%) |
Mkt cap ! $38.68M |
Open | High | Low | Value | Volume |
13.5¢ | 13.5¢ | 13.0¢ | $4.572K | 34.43K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10776 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.0¢ | 29731 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10776 | 0.115 |
1 | 100000 | 0.110 |
2 | 7871 | 0.105 |
1 | 20000 | 0.090 |
1 | 208058 | 0.080 |
Price($) | Vol. | No. |
---|---|---|
0.130 | 29731 | 1 |
0.135 | 166836 | 3 |
0.140 | 29476 | 1 |
0.145 | 16700 | 3 |
0.150 | 54554 | 2 |
Last trade - 12.16pm 08/08/2024 (20 minute delay) ? |
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FML (ASX) Chart |