FML 0.00% 15.0¢ focus minerals ltd

Ann: 81% Increase in Greenfields Mineral Resources, page-38

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  1. 217 Posts.
    lightbulb Created with Sketch. 76
    go over this thread a few times and read it again and again!

    so many of us can see the great resource, tenements, history, huge amounts of cash , etc etc etc.....who would've thought investing in fml can end in such shareholder value depreciation! I went in after the raised the $200m+, I couldn't imagine that this global giant couldn't add some value to a company with so much resource and incredible amounts of cash, hence why I went in hard and put $300k on it!

    if you notice there have been multiple resource upgrades, but the SP remains dormant, or weakens with bugger all volume and interest. ask yourself why doesn't the price shoot up when there's an 81% resource upgrade! in the current gold environment price should've shot up 30% at least with millions of shares traded, instead I think they did $20k worth of shares a day, absolute joke

    so many people and Instos have done their dough in with this mgt, that they have no faith left.

    yes you can justify as some have above and you make perfect sense on paper, it makes sense in every manner to invest in a company with such resource but only and only if if it's management was the same or better caliber than its resource

    I really do wish you all the best and hope that my analysis is completely wrong, time will tell
 
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