FML 0.00% 15.5¢ focus minerals ltd

bid event imminent ?, page-11

  1. 495 Posts.
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    Blairbart, Pinto, all holders and HC followers,

    I am extreemely keen to see FML power ahead in 2012 now that the groundwork has been laid.

    I am stating the bleeding obvious when I say that now is not the ideal time for a T/O offer to emerge (lower SP/ World in risk-off mode). Having said that, I think it would take quite a premium to be considered at this stage.

    If we as a company can gain some serious traction over the next 2 Q's then the landscape will be completely differnt.

    Consider the possibilities
    @ 200k oz/yr run rate achieved
    @ CRE T/O complete (allowing mgt to outline operational plans for immediate future and beyond)
    @ Ongoing Exploration success (incl TI)

    Near term risks include
    -rain delays=reduced prod Dec Q
    -CRE costs remain high

    We wait with interest

    Good Luck all

    BRING ON 2012

    Couchy



 
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