FML 0.00% 15.0¢ focus minerals ltd

The ugly duckling is becoming a swan, page-12

  1. 6,609 Posts.
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    Some good signs recently, with a bit of volume coming through on the buy side. I'd expect that Brilliant drilling will now have been completed; so hopefully a quick turnaround for assay results and addition to the resource model. Combined with the PFS by the end of month we've got a very interesting three week block coming up...getting a little excited to be honest!


    All of my worst case scenarios/calcs are giving a minimum of $500 per ounce profit (40-45 million per annum) - a bit scary on a per share basis, given the current share price/market cap.
 
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