FML 3.70% 14.0¢ focus minerals ltd

eureka, page-11

  1. 84,248 Posts.
    lightbulb Created with Sketch. 75
    jumpstart,

    "For example, Australia sides with the US in events in China sea. You don't think there wouldn't be repercussions?"

    For heaven's sake - is there anything in the world you don't worry about???

    We are a gold mining company at present.

    We mine gold and we sell gold.

    There are so many factors that influence the price of gold and our production cost it is ridiculous -----------

    if we worried about any one of those variables - NONE of us would invest in a gold miner --- AT ALL.

    You are concerning yourself with worries that are far far outside of our control ---------- if you are so concerned with worrying about things outside of fml's control - even now, may I suggest a different form of investment.

    A gold mining investment is besieged with risks -- at any time.

    This move if approved will set aside many of those risks. Yes, it will involve a deal with a previously unknown partner and yes it MAY be influenced by the Chinese govt. --- so what?

    Our current state of play in mining is heavily influenced by our own Govt. --- and frankly -- I have more faith in the chinese government in dealing with business matters than I do in our own clowns --------- whichever party is in power.

    In fact - I think there is a good possibility - maybe even a probability that having chinese govt. influence in these deals is very much a positive.

    However, I am sure you will find something to worry about.

    have a great day if you can

    Pinto
 
watchlist Created with Sketch. Add FML (ASX) to my watchlist
(20min delay)
Last
14.0¢
Change
0.005(3.70%)
Mkt cap ! $40.11M
Open High Low Value Volume
14.5¢ 14.5¢ 13.5¢ $12.79K 91.36K

Buyers (Bids)

No. Vol. Price($)
1 60148 13.5¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 14983 1
View Market Depth
Last trade - 15.59pm 19/07/2024 (20 minute delay) ?
FML (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.