FML 0.00% 14.0¢ focus minerals ltd

Ann: 81% Increase in Greenfields Mineral Resources, page-50

  1. 233 Posts.
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    Thanks stumpy, I saw that and then it flitted out. My bad. However, I see that the projected June Q expenditure is $3.8m so they will only have ~$7.3m by the months' end and will be gone by the end of H2.

    So what I am concerned with is, they are rapidly running out of money and its been noticed and commented on by others. Meanwhile annual directors' fees are >$900k p.a. Like others, I strongly feel they need to tighten their budget and this must be tabled at the forthcoming AGM.
 
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