FML 8.00% 13.5¢ focus minerals ltd

nervous nellies and boiling jugs, page-2

  1. 1,601 Posts.
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    g'day fitnfam;

    just one point if I may.

    there is NO WAY they can dig & truck ore off TI for at least 18 months; probably 2+ years.

    They have to build a causeway that can handle big trucks & before they can even start thinking about that, they have to get all the required permits; including Environmental- we know how long they take.

    TI is a GREENFIELDS site in a difficult to access position. As I've said before, it may be some nice cream, might be an elephant (won't know that for quite some time), or it may just add nice oz to production in 2-3 years.

    I am focused on drilling at the current active tenements around Coolgardie; THAT is where the action is & will be. All that drilling in those highly prospective areas; deeper under good hits that only went to 35m in an area KNOWN for higher grades deeper, etc, etc. And with those hits, they can quickly be brought to resource/reserve status & into production. THAT is where I will keep my focus.

    As I posted a while back, resource stocks take time.

    Cheers,

    Ned.
 
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