The Board seem to be hinting that the priority is to spend as much time as necessary discovering new substantial size and grade gold deposits before entertaining a profitable restart, and based on the new three mile hill agreement regarding electricity supply, it is looking like three years minimum has been pencilled in. Granted I am reading between the lines somewhat here, but for me it is beginning to look that way, and I do not see an imminent restart as some expectants have alluded to on here recently. Whilst I am again pleased to see elementary cost cutting practises saving us huge sums of money, the three year timeline (reasonable) insisted on by the third party regarding three mile hill, may well be a heads up to investors to consider that as a minimum deadline for all restart operations at Focus Minerals.
Could be completely wrong but until proven so, these are now bottom drawer for some time for me now.
Good luck to all holders as always
Bazza d2.
FML Price at posting:
35.5¢ Sentiment: None Disclosure: Held
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