FML 2.70% 19.0¢ focus minerals ltd

sept quarterly & cashflows out now , page-24

  1. 2,180 Posts.
    Look at it this way fellas gold peaked during the last quarter and was the highest its ever been- now if gold prices retrace and stall around $1200 TO $1400 for example - FML will be sailing too close to the wind IMO

    To think that gold is breaking price records and FML is still hovering around 6c range when will it ever be the right time for FML- something is just not right besides the obvious

    5 billion shares on issue is not attractive- If we were taking about the records that FML have broken it would have to be a winner in terms of underperforming most of the time- targets just dont get me tand the infor we get is that they are on track...rubbish really and does nothing for shareholdewr confidence- My advise is find a gold producer with lower cost margins and one that actually delivers most of the time

    they need to consolidate and trim costs to improve margins - if not then goodnight nurse

    MMM
 
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