FML 3.33% 14.5¢ focus minerals ltd

Ann: 81% Increase in Greenfields Mineral Resources, page-11

  1. 217 Posts.
    lightbulb Created with Sketch. 76
    don't feel sorry for me mate, I lost $270k on this share and happy not to hold. you need to realize even if they do want to mine, it's min 2-3 years away(probably longer) meanwhile they'll have to raise huge amounts of money which'll mean massive dilution & that's if gold price holds up by then and if theres no hurdles when they're trying to build a mine or cost blow outs. this is why share price hasn't shot up today or on previous positive announcements.

    I wish you all well, but wouldn't hold my breath, GLTAH
 
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