FML focus minerals ltd

It's one of the issues with an effectively state owned company...

  1. 6,693 Posts.
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    It's one of the issues with an effectively state owned company taking a long term approach, and looking to fund it with debt...the short term share price and small holders simply don't matter to them. Comms have taken this longer term view, which is poles apart from any other stock in this space - which try to pump every little detail to fluff the share price in anticipation of a future cap raise.

    Also heightens my suspicion that we'll see a significant holder notice from Bank of China soon. Such a coincidence that we're now disclosing finance discussions after the share price started moving. 9m shares will require a substantial holder notice, and the buyer must be on the cusp of that. A question was posed around finding a buyer for LM3 estate, and it was rightfully answered as being a private matter.

    its taken me a long time to accept that the comms are only ever going to be the bare minimum. I'd just like to see a bit more transparency at times. Take the tenement dispute issue. Anyone with an ounce of legal nouse would know that they'd be foolish to comment on the proceedings themselves; but there is nothing stopping them giving a one liner of where things are up to. i.e "we were in the Warden's Court yesterday, which is X stage of the process, although proceedings may be finalised at any time." Rather than needing to scrounge around the internet.

    Id be tooting my own horn too hard if I took your director comment seriously; but I'd be having development discussions if my staff started an important presentation 29 minutes late and didn't have the comprehension skills to realise that a clear written question around toll treating Focus ore prior to mill refurb was not a question around toll treating others' ore.
 
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(20min delay)
Last
35.0¢
Change
-0.010(2.78%)
Mkt cap ! $100.2M
Open High Low Value Volume
33.5¢ 36.0¢ 33.0¢ $73.51K 217.3K

Buyers (Bids)

No. Vol. Price($)
1 2198 35.0¢
 

Sellers (Offers)

Price($) Vol. No.
36.0¢ 16400 3
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Last trade - 15.58pm 01/07/2025 (20 minute delay) ?
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