FML 0.00% 14.0¢ focus minerals ltd

HI allnot sure why HC does not have ann out...I am with bell...

  1. 201 Posts.
    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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