FML 2.70% 19.0¢ focus minerals ltd

advice to the management, page-29

  1. 435 Posts.
    Hi Fitnfam,

    Can see where you are coming from in regards to information flow from CRE and would agree that there are a lot of sensitive more or less commercial in confidence matters that need to be kept in house until such time as they are resolved.

    Taking the above into account, I am not to phased about the seeming lack of information coming out of the soon to be delisted CRE - there was enough in the last quarterly to indicate that things are moving in the right direction.

    FML is another matter, as I believe the consensus is that they should have released information on certain matters such as the Cyanide water problem when they occurred, particularly as this also gave them the opportunity to state what the workaround solution was going to be.

    In the Cyanide case the occurrence ended up being compressed to one paragraph in the quarterly, and I think there is still some confusion due to the ore body description whether it was the Cyanide or Countess underground mine affected.

    Just as an side, interesting to note that in our little tete-a-tete on this information flow aspect we have both kept TI out of the conversation (think we might both be Coolgardie and Laverton focussed).

    cheers, kentwang

 
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