fascinating stuff, this mmi!, page-3

In some of their recent releases, Focus mgmt (though in a very low tone) are trying to say they may have much more than what they have declared, lack of deep drillings by earlier tenents, the fact its now all under one mgmt, their use of superior technology for drilling, encouraging recent intercepts, gives an impression they may be right in their assumption?

Being hedge free/dept free with increased milling capacity and with +ve cash flow they would be saying to the market, look we are profitable as it is (without pog rise) and with generated profit we can be self sufficient in carrying out further drilling to prove Focus's potential (speculation: a super pit?).

Three mill hill has a potential to be enhanced further to increase its milling capacity from 1.2mtpa to further(remember forcus vision tobe a 3mtpa producer in 3/4 years).


Please DYOR.

PS: Speculation of being a superpit for now is just that.... speculation.