FML 3.70% 14.0¢ focus minerals ltd

are we getting delusioned with fml, page-22

  1. 2,351 Posts.
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    Hi Ed,

    just to give you an idea how things get tight for supply.FML for example may produce 20koz and all of a sudden the price drops $200.
    FML decide whether,its short or longterm,if they reckon it's going to rise in value,they may only sell 15koz to get the cash to pay their immediate bills and when the price rises,not just sell the next 20koz they've just produced,but sell 25koz including the 5koz carried over.

    Ever been into a store when there's a special on,only to be told they've sold the only 2 they were allocated for the sale,but they've got six outback,but not allowed to put them out until the sales over on monday.

    I HAVE.
 
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