CW Thanks for the lengthy reply appreciated.
If I can put it this way, there must be a point where the conditions for gold production in Australian dollar terms become so compelling against the proposition of a $227m dollar takeover that Focus feels confident enough to continue to grow organically.
Sure 6 months ago things wern't looking so promising but a lot has happened in that time.
I would like to know more about what you meant by your comment
that 'Dilution is the least of our concerns, its all about the money..
Thanks Juju
letter to shareholders, page-45
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