FML 0.00% 14.0¢ focus minerals ltd

Gdoggy, I respect your pov, mine is a little different.shandong...

  1. 47 Posts.
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    Gdoggy, I respect your pov, mine is a little different.
    shandong invested $235m, I’m pretty sure they are keen to get it back and then some. They are Chinese and traditionally they have a longer term view of the world than you or I may have. POG is going up and looks set to go up more. They could sell it now for $1750 or maybe they could sell it next year for $2000/oz.?

    The board doesn’t appear to be getting rich on director’s fees, remuneration is pretty tame especially when you compare it as a % of $235m, it will be a while until they get rich on that. They don’t keep issuing more shares like other miners do, they just keep exploring and proving.

    they continue to find good grams/tonne and prove out an increased production when it does come. I’ve been here a long while too, but I remain convinced there is no better place to be for a junior Australian gold miner than here.

    welcome any better 5 year ideas which aren’t fully priced. HAGW
 
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