FML 9.09% 12.5¢ focus minerals ltd

correction before the next leg up, page-10

  1. 6,475 Posts.
    lightbulb Created with Sketch. 60
    FML up 5.45%
    MML up 8.70%

    Considering the Happy Jack announcement and the rise in pog, today's FML sp performance has been a little disappointing, although not totally unexpected. ie there are many better short term prospects.

    I still believe, subject to a big rise in pog, that it will trend down before the beginning of any substantial uptrend. My bottom target is 41, most probable is 46. Resistance is 61.

    Note: regarding HJ. Look at the averages not the odd large drill result. OK, although not great, for an open pit operation.
 
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