re: Ann: CRE: FML: Takeover of Crescent Gold ...
If is costs Focus 800odd dollars to produce an ounce at 20g/t, how much would it cost at 1.6g/t. We have enough low grade rubbish already. I suspect this is another capital raising by stealth.If Focus only gets 40% of CRE and can't take over, that's another 20m in CB's skyrocket.Either way we will get a 1 for 10 consolidation. I think they should stop stuffing around and Focus on what we have.
FML Price at posting:
7.4¢ Sentiment: None Disclosure: Held