FML 7.41% 12.5¢ focus minerals ltd

Ann: Trading Halt, page-4

  1. 100 Posts.
    lightbulb Created with Sketch. 10
    Yeah good points, I would think it's good news rather than bad. Hopefully a plan to restart and continue drilling - expanding the economic resource.

    Gold is still around record highs in AUD and with a projected lower AUD / USD the writing is on the wall... RE-START... Even if they are very, very conservative on the estimated AISC (i.e. around $1400 per oz) they've still got a $400 margin of safety... Lowering the AISC as fast as possible IMHO would be key for a restart plan.
 
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