FML 9.68% 14.0¢ focus minerals ltd

cost of production

  1. 82 Posts.
    lightbulb Created with Sketch. 9
    Ok,

    So I have been committed to this stock for some time. But the general synopsis and feel that i'm getting from not only those invested but those who potentially may invest is that cost of production is too high and this is holding many people including the large investment houses from accumulating. (This has been said before but has not been focused on enough IMO)

    Firstly what is it going to take to get the cost of production down? I understand that a lot of this cost is going into drilling new holes have they not scoped enough area already???


    Secondly, how long will it take to get the cost of production down?

    Apologies for layman lingo and my lack of numbers but it's an overall issue that requires commentary and opinion and i'm hoping the people with the numbers and lingo will go forth and provide us all with some insight.

    Thanks in advance.
 
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