FML 7.41% 12.5¢ focus minerals ltd

Re: Ann Expiry of Unsolicited TGM offer, page-18

  1. 1,114 Posts.
    lightbulb Created with Sketch. 320
    "As it stands today if FML went into production the share price would go thu the roof".

    JC... these kind of fantasy statements are exactly why retail investors end up losing their shirts on these kinds of busted a$$ companies.

    Nothing in their portfolio is going to send the s/p into the stratosphere, the simple reason being if it was that good to begin with it would already have been mined years ago.

    FML have had a mill at Coolgardie sitting about 50m from their offices for the best part of a decade that they've either been unwilling or unable to keep on care and maintenance to the point where the thing is now probably worth more as scrap.

    What does that tell you about their project execution skills or ability to deliver a return for shareholders?




 
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