FML 5.26% 13.5¢ focus minerals ltd

Could not resist I had to top up at these prices.I agree good...

  1. 335 Posts.
    Could not resist I had to top up at these prices.

    I agree good results in general, sure the production cost are high but will come down from here on in.

    Productions cost high due to ramp up with low grade ore and Toll Treating.

    The reserves will start to look healthy over the coming months a 114,000oz increase in 6 months since the drilling was attacked seriously, this is including production depletion.

    So a thumbs up analysis (Taking into account more production/production depletion and the same amount of riggs on site)with an average of increase of reserves of 16,000 oz per month which I do not beleive is unrealistic in actual fact conservative should see us move forward rapidly from here on.
 
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Last trade - 13.41pm 18/07/2024 (20 minute delay) ?
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