FML 6.67% 14.0¢ focus minerals ltd

ann: fml to raise 227.5 mill via placement, page-172

  1. 2,158 Posts.
    JS sorry you do not get the significance of what I am talking about.

    Re-rating = money for JS via higher SP - don't believe it sell.

    Money from SGG will have to be cash, cash in = shares issued.

    Money will be responsibly handled by a competent Board and team.

    The 'geeky' geo 'stuff' will make sense for you later - don't believe it sell. If you don't study the ground position how can you be invested in a mining company? Ditto operations - hence my coverage I leave price up to investors for their own timing.

    Fund boys and corporate high flyers do exist and understand a lot more than you do JS because they are professional. I was asked about China experience yesterday - mine is limited this why I sought further opinion from a qualified person - highly qualified - he handles Asia and the deals for a multinational. I will discuss for those that do want to listen.

    CW
    DYOR&DD
 
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