FML 0.00% 15.0¢ focus minerals ltd

dilution pricing, page-4

  1. 4,112 Posts.
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    Very good post Kurtle..

    I thought about it yesterday after calming down abit. Since Investec are involved i do expect some sort of debt financing (direct or indirect) which would, as you correctly say, make the BS (and thats Balance Sheet not Bull$hit) look very favourable with a significant resource base. But that doesnt explain the low $50 mil market cap at the moment. Is it due to the unfavorable spec market ??

    Im holding for med-long term anyways so happy to see it unfold.

    Thanks guys
 
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