FML 0.00% 14.0¢ focus minerals ltd

Ann: 81% Increase in Greenfields Mineral Resources, page-46

  1. 234 Posts.
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    BAGM - It seems you are well informed, so since you raise such a number of issues, I have a couple of questions:

    * Who are FMR? I can't find them on the ASX
    * I presume you are referring to the 3 Mile mill that requires $10-15m to refurbish and not Greenfields. Actually HRZ has reported ~$15m, maybe more.
    * From your memory bank, how much of the ~$13m cash & equivalent (inc bonds) is in fact bonds and how much ~is cash?

    As to your comment there is an issue with overlapping boundaries i.e. Brilliant & Rose Hill, I tend to disagree as I deem that a plus because it forces FML closer to HR, who I know has a very strong management and geo team coupled with a frugal financial approach.

    In summary, I/we appreciate your data input.
 
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