FML 3.85% 13.5¢ focus minerals ltd

taking in all the positive spin on resultswhat stands out for me...

  1. 12,607 Posts.
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    taking in all the positive spin on results

    what stands out for me its:

    without CR and SPP FML would have brought home a negative cash balance

    for me there are signs of FML starting to spread too "thin" - expenditure is just keeping up with income

    FML is taking on/over CRE who just brought in a 50 mill loss for the year

    As much as I agreed on " aggressively expanding into a rising gold price" would now like to see some actual plans in place and announced to SH and a massive reigning in on costs on more control on exploration

    Yes - I agree that this has been a good phase for laying future foundations - but now needs to be mitigated by a period of solid earnings and rebuilding the cash coffers.

    FML is currently still mining low grades - and unless we can access higher grades cost control appears to be an issue.

    I would think that unless FML comes out with pro-active announcement real soon (as of this Thursday) SP will be stagnant if not retro-grade.
 
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