FML 3.57% 13.5¢ focus minerals ltd

nuff said!!, page-6

  1. 963 Posts.
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    1.FML are sat on gold all over the place.
    There is one hell of a difference between finding it, sitting on it, digging it, processing it and selling it (profitably).
    2.Costs to extract it are high.
    As a long term FML investor I am real interested in this staying where it is and not going higher.
    3.POG needs to keep constant or increase for the foreseeable future to make it highly profitable.
    True, but who knows what the future holds. Could quadruple, you never know.
    4.The eurozone with its box jellyfish global tentacles is all you need to answer favourably number 3.
    The Euro zone or euro could disintegrate at any time and probably will within the next twelve months. If it does, gold in its current demeanour would dive not rise, as all risk assets would be sold heavily.
    5.No brainer.
    FML looks like it should financially succeed but we will need to be patient.There are so many line ball issues with FML that we investors need to be vigilant, to avoid the dark side and embrace the light side. Nuff said.
    K
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