FML 0.00% 15.0¢ focus minerals ltd

high cost producer leverage to rising price, page-8

  1. 6,475 Posts.
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    We are all welcome to our opinion, that's what makes a market. Again, on your measure AXM has more potential than FML for sp appreciation on a raising pog. Short term maybe, long term I believe not.

    Additionally, when the MML sp was $1.30, and pog at about AUD1000, was it a worse buy than FML at 8.6c at the same time? Clearly not, admittedly with the wisdom of hindsight and massive FML dilution.
 
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