FML 15.2% 14.0¢ focus minerals ltd

Ann: Coolgardie Gold Project Mineral Resource Updates, page-9

  1. 576 Posts.
    lightbulb Created with Sketch. 140
    Yes SD funding everything.......no cash issues here and capable of an opportunistic transaction.

    Mine plan developed at Coolgardie for 7 years with revenue forecasted using gold price of $2200 oz - well above that now.
    Then there's Laverton.

    I don't think SD are in this for a small return, will make money and so will shareholders (depending on when shares were bought).
    It will be interesting to see what Focus does once the gold mining sector heats up....go it alone/acquire, merge or sell on a good deal.





 
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