broker value - stage 2, page-4

Bazza - often when I read your post I think you can't be serious - I think perhaps you are a teenager just finished sexting your friend and then deciding to have some fun on HC

FML - what do brokers say about it ... Nothing because its a steaming piece of. ....
Lets check some numbers
Its a producer is it - joke number one . 939k from product sales which cost 3m to produce . Add in a few million for develop , salaries etc and costs 8 m to produce sub 1 m - very impressive producer
Loss for 6 months 132 m or another way to look at - they lost the equiv to their market cap in 6 months
Outflow from operating activities 32 m . Very sustainable
Shares in issue - 9.1 billion . Wow . In that they lead the market.
Mine on care and maintance
Loss for year 270m , not a bad effort for a company worth 135 m - remember the market doesn't lie lol

I will take your bet - there is no chance fml will have a market cap of 270 m , zero , zilch , the cash they have will slowly be spent on exploration and corporate costs and the price will progressively go backwards - I know it can only go 1.5 c lower . If you think the Chinese will save you - think again . Ask shareholders of gbg , dml, ngm , how they Chinese involvement worked for them .

I wonder who that lucky guy who bought you shares and who is now sitting on a profit is ?
Btw - shall I troll though the HC posts to see when you became a holder of FML , because doubling your money means doubling it from the price you paid .

Anyway bazza - thanks for the laughs .