HI all
not sure why HC does not have ann out...
I am with bell direct and FYI...
ASX ANNOUNCEMENT 15 March 2012
FOCUS REPORTS STRONG REVENUE AND GOLD
PRODUCTION FOR THE HALF YEAR
? Total 1H gold production more than doubles to 80,921oz
1
(69,858oz attributable to
Focus), up from 36,339oz in the previous corresponding period
? Consolidated Revenue for 1H 2012 of $104.5M, 113% up from $48.8m for 1H
2011
? Net Operating cash flow up 67% to $21.3M
? Consolidated 1H Net Profit After Tax of $5.9M excluding non-recurring costs
Focus’ operations on target for gold production of circa 175,000oz
2
for full financial
year
Focus Minerals Limited (ASX: FML), a leading Australian gold producer and explorer, is pleased to
report a strong result for the half year ended 31 December 2011.
Significantly, gold production for the half year increased by 122% to 80,921oz (69,858oz attributable
to Focus) and operating cash flow increased 132% to $29.5 million. This production increase was
driven by the ramp-up of operations at Coolgardie and the addition of the Laverton Gold Project,
driving a substantial increase in revenue, up 113% to $104.5 million.
Focus? consolidated net profit after tax for the half was $5.9 million, excluding non-recurring costs of
$3.5 million. With the inclusion of these non-recurring costs, reported net profit after tax was $2.4
million
good luck to all
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