FML 5.26% 18.0¢ focus minerals ltd

the dividend carrot, page-34

  1. 1,289 Posts.
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    A definite YES from me too. Anyone who thinks there's any other chance of raising anything like the cash we need is surely oblivious to what's happening out there in the world of finance.

    And it's only going to get worse. Companies which might (with a bit of luck) be able to raise $50 million this year will be lucky to be able to raise $10 million next year. And any chance of FML raising anything above $50 million at the moment (other than through the Shandong deal) is extremely remote.

    I still believe what I've said before on HC - that this is FML's one and only chance to realise its potential. That doesn't mean that the company will necessarily collapse if the No vote wins, but it certainly does mean that we'll never see the heights that the company now has the potential to rise to with Shandong's cash.
 
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