FML 3.70% 14.0¢ focus minerals ltd

cost, page-2

  1. 211 Posts.
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    Yes. FML is aiming to reduce CRE costs down to $1100.

    I suspect CRE's cash costs are signficantly higher than FML's because it's spending serious dough in expanding it's mine? Can anyone confirm?

    I suspect FML can optimise it's mines a bit, but that it won't be able to reduce it's cash costs until it can either:
    - reduce it's development costs
    - increases its gold production and benefits from economies of scale.

 
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