FML 15.2% 14.0¢ focus minerals ltd

the letter, page-14

  1. 5,948 Posts.
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    Hi bazza,

    Good luck with the battle of quotes.

    In the mean time, over on the PGI thread, where PGI had to get a loan from MacBank...

    "Not only do they get interest payments (for the loan MacBank made), but the hedge being only at $USD1321 for 126,000 ounces they get an extra $USD57m over four years."

    Some people think I make this stuff up.
 
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