FML 0.00% 13.5¢ focus minerals ltd

Company didn't report material grade change from Greenfield...

  1. 127 Posts.
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    Company didn't report material grade change from Greenfield control drilling program so we can assume overall grade remained unchanged. If that's the case, we should see some high grade ore (i.e.1.2-1.5g/t) from current quarter and onwards. Profit will likely to recognized in the Dec quarter though as the mill will be still fed with low grade ore mostly during the current quarter.

    Let's hope we are not getting too much wind or rain in the region for the next 12 months. GLTAH
 
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