Good to see Focus on the move - has good amount of cash in bank and very good presentations of what is to come over the next few months - also great gold hits recently with drilling
From their presentations-Diggers&Dealers 2009
“Focus Minerals has the assets, the vision and the funding to
become a leading regional gold producer.” this says it all!
"In Summary:
• Focus is a profitable gold producing company
• Low cash costs
• Debt-free by end of 2009
• Hedge-free by end of September 2009
• Significant leverage to rising gold price
• Refurbishment of Three Mile Hill completed in December 2009
• 1.88Moz resource base ~ massive upside potential
- Indicated 11,198,000t @ 2.1g/t for 755,000oz
- Inferred 12,099,000t @ 2.9g/t for 1,125,000oz
• Game changing’ exploration program underway"
I think investors are just beginning to see the potential in this stock and will be re-rated over the coming few months - the share price moving up accordingly
cheers
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Mkt cap ! $42.98M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 148847 | 14.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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15.0¢ | 30000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 128847 | 0.140 |
3 | 104622 | 0.135 |
4 | 97732 | 0.130 |
3 | 35576 | 0.125 |
3 | 95333 | 0.120 |
Price($) | Vol. | No. |
---|---|---|
0.150 | 30000 | 1 |
0.155 | 12500 | 2 |
0.160 | 7300 | 1 |
0.165 | 59753 | 5 |
0.170 | 112230 | 4 |
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