FML focus minerals ltd

Ann: Quarterly Activities Report , page-23

  1. 624 Posts.
    Well said, Mutty.

    I don't mind huge development costs if we get something to show for it - but the reserves only increased 30Kozs for the Q. Adding 120KozsPA ain't gonna cut it L/T. I hope there's something to show for the cash spend soon, particularly as the budget for expl & dev is another 7M next Q.

    Great job on ozs for Q it must be said - more than I expected - but cash costs were indeed "ugly".

    All that and they still managed to put over $4M in the bank.

    But whatever you think, the market isn't eating it up.

    Waiting game continues... where's Jessie? I need his help.


    Cheers,

    C12
 
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