FML 3.33% 14.5¢ focus minerals ltd

glittering prospects - smh 13/11 - fml 17 cent, page-56

  1. 12,091 Posts.
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    I remember calls over the last few years of a share price over 20c.

    In the past these calls were based on getting the mill up and running, early promising drill results from the mount and potential coolgardie open pits and drill results, the chance of gold breaking $1200 and TI elephants They were all based on the potential of what FML could be.

    Now I see the same 20c+ predictions. The only difference now is the calls are based on

    A current gold price of 1750
    Production from all those potentials (+CRE)
    The mill up and humming
    And the company forecasting 200K oz production next year.

    20c has gone from potential to a mathematical possibility based on real/expected numbers for next year. Amazing.

    Anyway still some ways to go. But I think I can see the light on in the pub at the end of the road.

    What a great journey so far. Wouldnt have missed it for quids.

    P.S there is no guarentee the light is actually a pub. It could be madam lash with a torch in one hand and a whip in the other. Im ok with that to though.


 
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