FML 0.00% 15.0¢ focus minerals ltd

Ann: Focus to Resume Production at Coolgardie, page-36

  1. 5,948 Posts.
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    @Interloper
    "Always suspected that FML resuming production would be a significant tell on where the direction of the Au price would be heading."

    You stole my line. I could go back and prove it and that belief that FML starting work was the only "tell" I was hoping for.
    As others note, SD will be wanting to repatriate the proceeds. Be interesting to see if they do it with cash or actual gold. The dore needs to be processed at Perth Mint I believe, so it is possible do do both. Gold to Beijing never to be seen again and "Flying paper" to locals.
 
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