FML 0.00% 15.0¢ focus minerals ltd

Hi Ozmy understanding is that whatever our market cap. and NPV...

  1. 141 Posts.
    Hi Oz
    my understanding is that whatever our market cap. and NPV was prior to the deal with SD gave us a market cap around $139 million (roughly) and with nothing in the bank.
    We now have the same NPV and usable finance to the value of $225 million (roughly), so basically we had a capital raising of $225 million for 4 billion+ shares and we have that capital to use.
    Surely this is a better proposition than what we had.
    If I am missing something please let me know as I know nothing.
    I still believe Sushi1 has a wrong take on FML's situation and I am not sure as yet what your take is.
    As a great"philosopher" (PH) once said: "please explain".
    Thanks Jahar
    PS I have an order in at 3.1c and hope ite gets filled.
 
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