FML 11.5% 11.5¢ focus minerals ltd

campbell baird interview at symposium roadshow, page-23

  1. 439 Posts.
    lightbulb Created with Sketch. 79
    "pervious companies that have looked at the mount thought that the ore body was to risky, the reason barminco are on meters and not a fixed term contract is so fml can pull out if it does not work out, geos fimilar with the resource have told me that they would not mine it if it was up to them but it might work out because the contractors only get payed for what meters they develop"

    71c4 - Mate, I think you are over thinking this and obviously armed with only half-arsed information that you are making poor assumptions on.

    Focus have had The Mount for over 5 years and bought it off a guy that had been working the ground for over ten years as a sole operator and doing quite well for himself.

    Name the companies that have looked at the Mount and deemed it too risky and in fact name the Geos that are so familiar with the operation and deem it not worthy of mining? I don?t think you will be able to because neither exists and if they did, they wouldn?t publically state a 360k ounce ore body in a highly prospective gold and nickel region, that breaks through to surface, running +8gt and is open at depth is no good! (Go to the FML webpage and review the Flythrough on the Mount). This to me sounds like the typical gold fields rumour mill that is 90% hearsay and only 10% semblance of reality...you really shouldn?t be basing your investment strategy on this. e.g ...?a mate of a mate of mine has a brother that once drove past the Mount and reckons its sh!t!?

    Barminco are not the underground miners at the Mount so that is as incorrect as the rest of the information you have posted.

    They are also not going to "release the geology report to the hotcopper forum" as anyone who has half a brain knows that to release a resource or a reserve, it must comply with the JORC standard and be signed off my a competent person therefore complying to strict reporting guidelines. Releasing the entire report for all and sundry to read not only reveals their intellectual property but also gives potential predators too much information. Mergers and Acquisitions 101

    Next statement:

    ?the entire inferred resource for coolgardie is exciting but dubious, whats included in it, is there an old leach pad that runs bugger all a gram included in it?

    The company released the full detailed resource table in the last announcement stating what the 1.9m ounce resource is made up of including each deposit and their grade. No leach pads in there that I can see. Perhaps instead of listening to hearsay, read the announcements!

    ?and anyone that wants to comment on anything in my posts, if you want to get your point accross to me you might want to comment on all the issues I raise, not just blah blah blah on one thing that suits you, that?s not a argument, its a media grab, that means you pingpong and your rose colored glasses mates?

    So here I am. Commenting on all of your post and not just for a media grab. Your posts are full of half arsed assumptions based on something some bloke may or may not have told you and are essentially without foundation. Hanging out at the Exchange or the Palace on a Friday afternoon listening to piss talk does not qualify you as someone in the know.
 
watchlist Created with Sketch. Add FML (ASX) to my watchlist
(20min delay)
Last
11.5¢
Change
-0.015(11.5%)
Mkt cap ! $32.95M
Open High Low Value Volume
12.5¢ 12.5¢ 11.5¢ $3.285K 28.21K

Buyers (Bids)

No. Vol. Price($)
1 40000 11.5¢
 

Sellers (Offers)

Price($) Vol. No.
12.5¢ 8690 1
View Market Depth
Last trade - 11.36am 09/08/2024 (20 minute delay) ?
FML (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.