FML 11.5% 11.5¢ focus minerals ltd

Ann: TGM: Second Supplementary Bidders Statement FML T/O Offer, page-53

  1. 147 Posts.
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    Two interesting exchanges this evening.

    I watched the Theta presentation. It was incredibly unprofessional. The Executive Chairman did not know how to look at the camera, (ie the person watching), read from a script unconvincingly and the right side of his hair and face kept disappearing as they had not bothered to get it set up properly. He didn't have much to say except that Focus director didn't have many shares. True, but there may be good reasons. It didn't inspire me to invest with this company.

    I also had a call from Focus. I told them I thought the Theta bid was way too low, but please, please, tell the directors to communicate more about their plans and their timelines for actual mining. Many of us have held shares for many years and hear talk of possible ming which does not eventuate. We keep holding the share because we believe that if they ever get mining the shares will increase in price dramatically. Please ensure you tell them to communicate much more.

    I don't think I'm on my own!
 
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