FML 1.85% 13.8¢ focus minerals ltd

At least we now know how the board feels:- Consolidation will...

  1. 624 Posts.
    At least we now know how the board feels:

    - Consolidation will happen but not without some other simultaneous "transaction".

    My personal view is that it would not be such an issue at a firm 10.5 cents. Getting to that level should be the board's only ST priority IMO.

    I notice CB didn't want to be pigeon-holed into 80K ozs this CY - but, whether it is 75K or 80K ozs, that still means $9 odd mill net profit for the Q if costs guidance from the Sept Q'ly is maintained. (almost eqivalent to the entire 2010 FY profit result)

    Shhh - don't tell anyone.


    Cheers,

    C12
 
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