FML 0.00% 15.0¢ focus minerals ltd

approve the placement i say, page-17

  1. 461 Posts.
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    If its all so damned good, why are we being asked to sell off 51% and control?

    What I am finding exceedingly annoying and worrying is the complete silence from the BOD.

    Have any other options actually been seriously considered? If not why the F... not?

    You do not get to this stage of a public announcement of this scale without having all your ducks in a row.

    The information we need to make rational investment decisions should have been forthcoming at the time of the announcement.

    I understand all the geology, and great mythological elephants etc, what I an currently struggling with is the apparent sudden urge to transform this company into a mini BHP in 12 months. Why?

    What was wrong with what was presumably a well thought out expansion plan and vision that was announced only a few months ago? And they were having these discussions at the same time? Please!

    And the Market is saying no thanks, down how many %?

    Not happy Jan, but I will wait and see. But this is bordering on incompetence. Rant over
 
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