FML 0.00% 15.5¢ focus minerals ltd

has the rot set in?, page-10

  1. 6,022 Posts.
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    in your Mandelbroth way of thinking, wave 1 from all time low retraced at the 76.8 fib, maybe the larger cycle wave 2 will provide the same terminus, that is why I think the trendline we struck yesterday will be broken, sentiment is shaky in FML & Gold & the markets look due for a corrective, they are the reasons I think it will break;
    3.8c = 76.8 of total run since all time low. I think DB are playing macroeconomics, they may or may not have had a whiff of our cost issue, they would certainly have a better handle on world economic direction, commodity prices & the natural association of the AUD, could be they're waiting for a capitulation of sorts before they re-enter the market. maybe they want to see the AUD back at +-80c?

    CW did FML give any indication on whether they intend to make a clarification statement or give an explanation to you of why the change in accounting practices has resulted in such a huge cost jump (aside from the extra digging)
 
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