FML 3.57% 13.5¢ focus minerals ltd

focus people very happy, page-23

  1. 807 Posts.
    From my chat to Peter if anything did happen at 3 Mile Hills (the Mile he is refering to ims ure) then it would take atleast a week to source the spare parts as they would have to come in from overseas. Its prudent to have these parts avalible and they intended to purchase them anyway in January, bringing it forward to now is a smart move because if something does go wrong with 3MH early on we are prepared. The costs of having the mill out of action for ATLEAST a week is much more than it would be to have the parts now.

    You can complain about the raising all you want thats your right, i am one of those long term share holders, with an average over 5c. I can see the business sense in conducting this raising and im certain when its announced that if you don't like what you read you will make your own decision on what to do with your FML shares. But im sure there is plenty of buyers who would be willing to take them off your hands
 
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