FML 3.45% 15.0¢ focus minerals ltd

Ann: Operational Update, page-24

  1. 147 Posts.
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    Well summed up, Stumpy. I too expect an important announcement by the end of the month, which is what FML has said they will do. Hopefully that will give us a good idea of the resources, the deal and when mining will start. That should give us a lot more idea about how profitable that mining will be. I am confident that this cautious Board would not be proceeding to commence mining unless there is strong case for clearly profitable mining. It will be interesting to see what the market makes of that. I can only see a sharp rise in share price coming up.
 
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