FML 0.00% 13.5¢ focus minerals ltd

The dumper is not back today. Who it was remains a mistery....

  1. 412 Posts.
    The dumper is not back today. Who it was remains a mistery. Apparently, it is not matador. They only sold about 25mil shares recently. I've been on the phone with fml this morning. They're not sure who it was either. Everything else is looking good with them. The remaining hedge is at A$1070. It will be closed by sep end. 3 mile plant will be finished by Nov and put into test production till mid Dec. Commisioning by the end of dec if everything is ok with it. They've got heaps of ore to go through which is already excavated. Plus they are doing a lot of exploration and might have another 2 mines going by mid next year. Debt will be paid off by Sep end as well.
    At current price - BARGAIN!
 
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