FML 2.63% 19.5¢ focus minerals ltd

Ann: CNX Mineral Resources Increases 30%, 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. 6,112 Posts.
    lightbulb Created with Sketch. 642
    Ive kind of understated the LoM in saying well above ten years

    2.5million ounces at 2.2g/t
    at a depletion of 75kpa.. that would be 33 years of mining without finding another ounce

    maybe after the first 6 year mining plan is done they might actually use the profit (after laveron funded), to build a new mill with double the capacity?
 
watchlist Created with Sketch. Add FML (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.