FML 0.00% 15.5¢ focus minerals ltd

Hi all,interesting the overall production drop,if you read the...

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    Hi all,

    interesting the overall production drop,if you read the fine print(notes) to 180koz from the oft mentioned 230koz figure for next year.
    with 20koz of the 200koz due to other shareholders of CRE,then i suppose,better to understate production as we've given them so much grief about being behind their production schedule.

    Delays and difficulty in getting permits,personnell and plant as well as assays and growing wage costs for skilled technical people won't be helping.
    WA is a boomtown and there's a goldrush on.
    Then again 77koz last year and 180koz this at these prices.
    Mind you 230koz would have been a near trebling of production.

    Go McFocus.

    DYOR+DYODD
 
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