FML 6.67% 14.0¢ focus minerals ltd

jumpstart - just wanted to thank you for your contribution to...

  1. 100 Posts.
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    jumpstart - just wanted to thank you for your contribution to this discussion over the last week, you are articulating clearly many of the concerns that I have.

    I emailed the company earlier in the week to see if they have or would consider announcing a dividend policy (which may be related to % cashflow, profit (future) or linked to goldprice (like what Newmont, Silver Wheaton, etc are doing/proposing)). It would go a long way to allaying my concerns (I have received no response).

    I believe this deal will go ahead, FML will become a very large producer through both organic growth and acquisitions, the board will get a build a nice little empire/mining house, and the company will be producing huge cashflow. I just don't think minority holders will see the deserved benefit because dividends will be low (or non-existant), and the SP will reflect this also.

    Have a good weekend all, I'll save the worry about this til next week.

 
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Last trade - 12.31pm 18/09/2024 (20 minute delay) ?
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