FML 3.70% 14.0¢ focus minerals ltd

cap raising, page-25

  1. 421 Posts.
    Great info Pinto, thanks.

    Still skirts the issue that investors have problems with FML's cash burn. They did have cash, now nearly gone, so they (may) need credit.

    Presumably this is only for the next quarter, until the next full CRE campaign. I like FML's management, but they need to get some runs on the board to counter the doubters.

    I don't think these runs will appear until the March quarter. (Sounds a bit like Ponting's plight, doesn't it!)
 
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