re: Ann: Focus Commences Ore Production at Ti... G?day donteatme.
You need to read their ann & it states very clearly what the CR was for. Here are the 2 key bits; link to full ann.
Cheers,
Ned.
Funds raised to underpin strategic plan to lift gold production to 130,000oz a year in calendar 2012 from expanded mine development programme
?These activities see us well down the road to delivering 130,000oz of gold in calendar 2012, but it is in 2013 where we are targeting our production output to rise significantly as we look to advancing both the Greater Coolgardie projects, where we already have one million tonnes worth of mining in reserve, and also our highly prospective Treasure Island Gold Project at Lake Cowan.
http://www.focusminerals.com.au/news/fml-raises-40m-to-accelerate-production-exploration-programmes/
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