FML 0.00% 13.5¢ focus minerals ltd

keith goode report, page-15

  1. 6,475 Posts.
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    I suspect that several funds very provided a presentation that contained all the information contained in the Goode report before the report was released to the public.

    However, on a further detailed reading I now consider it more of a marketing document than anything. As an example, the sensitivity analysis contains no downside risk assumptions. Look at he pog assumptions! There are numerous others issues I have with the report although most are related to my assumption on the future, so will not repeat.

    The most interesting part of the report was the history on Coolgardie and some opinions on grade and minelife

    Note: As for FML, the report is as good as the next drill result, as grades as still not that fantastic as to be company changing. There is still more potential upside and the report confirms my previous belief that the downside is limited.
 
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