FML 5.26% 13.5¢ focus minerals ltd

another st ives, page-16

  1. 1,601 Posts.
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    yep, causeway the go. Indeed there is already one there that allows them onto the island (note the pics of the quad bikes in CW's report). I think CW mentioned that in his report, or might have been an earlier report of his I read (I subscribe to his newsletter - it's how I got onto this gem in the first place). As they now have drill rigs in action on the island, the causeway obviously must be sufficient for that.
    At best mining is 18+Months away, so no big deal to upgrade the causeway in that time. Cost to truck to the mill would be <1g/t; so no big deal on that count either.

    I?m also delighted to see them start on the environmental side, as you don?t spend money/time like that unless you KNOW you?re going to mine there.

    SP irrelevant for me atm, other than providing a great buying opportunity. Those cowboys at Hartly?s & their like minded clients (along with some SPP folk), will continue selling to take the nice profit from 7.6c issue price. Once this done, it will resume it?s long term march upwards imho. Going to take 1-2 years, but I?m patient.
    Cheers,
    Ned, happily holding even more.
 
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