FML 11.5% 11.5¢ focus minerals ltd

Some answers to our concerns about Mar Qrt, page-9

  1. 429 Posts.
    lightbulb Created with Sketch. 149
    Ok so it’s the hardest rock in Australia,
    some of the worst grade. Low mine life - Greenfields has possibly 50,000 ounces and will be depleted next year.
    How much CAPEX for Bonnie Vale, CNX and Brilliant?
    Austrailia worst debt ratio, market cap $35m debt $115m soon to be $125m. What’s to like here? It’s a serious question.

    CNX looks like another Greenfields so it will be interesting to see if it’s even mined.

    https://amp.abc.net.au/article/10808558

    Old but still relevant!
 
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