FML 2.78% 18.5¢ focus minerals ltd

fml cash burn? cash bal. forecasts, cr in fut?, page-5

  1. 2,158 Posts.
    Hello SH, you are welcome, again an excellent response and a fair call on your own decision.

    A couple of things to mention in response - your cash buffer is now 2 months out of date yet cash flows are weekly at Coolgardie and Laverton campaign must almost be complete by today.

    Operation build 'once of' almost correct. Of course it will be ongoing however that was a 'once of' at that level to get them to where they are now. I believe FF does an excellent job on this subject so no need to me to double cover it. I gather from your post you were across this however other readers may not be.

    I agree with you and also await confirmation however I prefer the additional leverage and was managing an early entry initiated before I toured - just in case I was able to gather information ahead of the market. That was circa 5c however after waiting an appropriate time I added and averaged down and traded to manage the position in my favor.

    Good luck, like your attitude may you thrive and prosper.
    CW
    DYOR&DD
 
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