FML 0.00% 12.0¢ focus minerals ltd

Ann: June 2024 Quarterly Activities Report, page-31

  1. 2,051 Posts.
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    Whether it was forecast or not, having seen Calidus go into Administration recently due to Macquarie calling in the debt (and SHs not likely to receive anything) it's hard for me to put money into a loss-making business. I'll wait until a) FML start to turn a profit and b) start to reduce the debt liability. Until then it will stay on my watch list. I wish all the best of luck. I'm certainly not here to downramp. I would just like to see the business to de-risk before I enter. If I end up paying a higher price than what I could buy for currently, I'm ok with that. GL all and GL Focus
    Last edited by BT6487: Today, 17:31
 
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