FML 1.85% 13.8¢ focus minerals ltd

line of credit and stone?

  1. 22 Posts.
    Hi guys,

    I'm new here and would like to have some guidance from HC posters. I notice in the latest address they mention they have approved the management to establish line of credit for the operations. Could it mean there might be no more SH dilution and the development programme could be accelerated to meet our production targets?

    Also, they mention about it's better that Stone could come under one banner under FML than locked in a minority holding in a potentially unlisted vehicle. Could it mean they are talking with Stone to take over 100% of CRE?

    I hope FML veteran posters could give some insights into this.

    Thank you.
 
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