FML 0.00% 14.0¢ focus minerals ltd

Ann: Chairman's Address to Shareholders , page-8

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 30 Posts.
    Yuro,

    you cant be serious. "a very ordinary agm"

    how many agms have you been to in the last 3 months where they said we have cash in the bank, we are cash flow positive, we are self funding exploration, we are "looking" at other opportunities, we will be increasing production and output.

    so instead of looking at proven and defined projects at a bargain price, you would rather they instead spent our cash flow on exploration?

    the gold in the ground at coolgardie is not going anywhere and they have secured the entire area. why spend millions on exploration right now when you could buy a ready made project down the road for a fraction of the costs?

    could i suggest you have a look at the outcomes of other agms, especially other gold companies before you get stuck in fml. they are exactely where they said they would be at this point in time, how many other companies can say this...hell, some other gold companies are not even with us anymore!
 
watchlist Created with Sketch. Add FML (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.