FML 3.13% 15.5¢ focus minerals ltd

morning kal,""It's been going on for a while. If you've got...

  1. 82,074 Posts.
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    morning kal,

    ""It's been going on for a while. If you've got access to funds there's a lot of good ground around.""


    yep, I zeroed in on that bit first up as well.

    imo I think it is indicative that he is back in now. He has made a few mistakes but is far short of a mug in several ways.

    His "we have been looking around for a while" --------- well, that indicates a couple of things - he thinks things are cheap and have been for a while - and I suspect he thinks the sector being on the floor is just about over.

    When someone like that feels the time is right - it is unwise to ignore it.

    God, I hope he is right - getting a bit of tidal lift will be a nice change.

    I find the timing for fml interesting - years of grind, gfc, rising pog but rising costs and still we have great real estate build and good people and contacts - and now cash.

    If the sector turns soon and we get the results we expect from exploration, throw in a bit of fast tracking, buying some higher grade ground at throw away prices because bugger all people have cash and heaven forbid another leg up in gold - and fml could easily become the market darling - all of that is very possible, indeed most of it is probable -
    interesting year. Hmmmm, Go Joe.

    pinto
 
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