FML 6.90% 15.5¢ focus minerals ltd

"I’ve got a grand vision that in 3-4 years time, with a lot of...

  1. 474 Posts.
    "I’ve got a grand vision that in 3-4 years time, with a lot of drilling and a lot of work, we will have the ability to be producing at 3Mtpa”
    - Campbell Baird CEO FML


    In 3 - 4 years ability to produce 3mtpa.
    1 gram = 0.0352739619 oz

    so,
    with ore of 2gpt, thats production of 211.6 koz pa
    eg (2 * 3m * 0.0352739619)

    with ore of 3gpt, thats production of 317.4 koz pa

    so FML ceo's vision is to be procuder of 210/320 koz pa in 3 to 4 years :)

    FML UNDERVALUED? go figure :)
 
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