Normal
hey i just listened to the ceo address for FMLhttp://www.brr.com.au/event/57821/fml-amec-2009-national-mining-congress-mr-campbell-baird-ceoid reccommend a listen to it to know more about the company.from what i understand in the next 2 weeks theyre going to start drilling again so we might see some announcement and Sp rise. that may trigger a breakout.however the real news is that theyve got future contracts that allow them to sell at $1000AUD per ounce or something (i forgot the quanityt) but thats a really good price. and theyre going to do it every qaurter. by year end we should see some real action.i cant summarise everything (cause i cant remember everything he said) but basically FML is looking REALLLLLLL good long term.cash in the bankdebt low and being paid offgreat assetsdrilling soonhuge prospects for the futureim gunna wait for the breakout and depending on the volume mite sell to dodge the day traders, but definitely going to get back in for the long term.
hey i just listened to the ceo address for FML
http://www.brr.com.au/event/57821/fml-amec-2009-national-mining-congress-mr-campbell-baird-ceo
id reccommend a listen to it to know more about the company.
from what i understand in the next 2 weeks theyre going to start drilling again so we might see some announcement and Sp rise. that may trigger a breakout.
however the real news is that theyve got future contracts that allow them to sell at $1000AUD per ounce or something (i forgot the quanityt) but thats a really good price. and theyre going to do it every qaurter. by year end we should see some real action.
i cant summarise everything (cause i cant remember everything he said) but basically FML is looking REALLLLLLL good long term.
cash in the bank
debt low and being paid off
great assets
drilling soon
huge prospects for the future
im gunna wait for the breakout and depending on the volume mite sell to dodge the day traders, but definitely going to get back in for the long term.
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