FML 0.00% 15.0¢ focus minerals ltd

Ann: RIU Resources Roundup Conference Presentatio, page-10

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  1. 86,887 Posts.
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    re: Ann: RIU Resources Roundup Conference Pre... morning,

    I also thought about this - how would you know it is "usually (+150m) thick?

    This program of 20 holes was intended to go to 150m so I was informed a few months back.

    I initially thought the numbers must be surface - but if you read between the lines, maybe not.

    I have to say that out of the whole announcement - four things grabbed me.

    1. What is unsaid - no mention of target interest west of TI - of course there may not be anything of interest - but wouldn't you have flown it to see? I know you don't own it - but it would be very strategic to have a geezer whilst up there if you think your back yard is hot.

    2. Again, what is unsaid - a few kiddie drawings of targets relating to TI - no look at the data itself -- I understand why I hope - and it is very good for us shareholders - but it is interesting to note that this information is kept quieter than a lift in a soviet building.

    3. Greater Coolgardie more and more interests me -- why? Bugger all real exploration, historically right near the marks of where gold first discovered and then looked overmuchly for purely historical reasons - more tenements than a machine gun pattern - damm good place to hide an elephant.

    4. I love this bit

    2013 production -------- ???????

    All good in my book.

    With production 130k in 2012 if achieved and gold price holding or better and the mysterious 2013 and beyond - if we can actually manage a mid tier mining company - then fml is definitely going good places.

    Have a great day - enjoy the planet alignment and Friday 13

    Pinto
 
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