FML 12.5% 13.5¢ focus minerals ltd

40% copper + au within trucking distance, page-23

  1. 2,158 Posts.
    From a full brief in GoldOz last night - with permission only limited snippet as this was not a public release:

    "Let me fill you in on some local knowledge and you can then judge if this was a good move or not. Goldfields own 90% of the land along this 120 Km mineralized corridor which covers the Boulder-Lefroy Fault...

    and

    The current value of this metal, produced historically and also including known resources, is worth $15.4T. Make no mistake this is a valuable 95 square kilometres of dirt. The fault includes St Ives, the Super Pit...."

    ************************************************

    I hope that gives you a sufficient taste for Treasure Island - and some comfort for investors of FML. As I said yesterday the market has this wrong displaying the lack of real understanding in the market.

    I cannot be here to argue about this deal or explain it fully for HC posters - but I am here to assist a little. Back to work...
    DYOR
    Cheers,
    CW
 
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