Good to see Focus on the move - has good amount of cash in bank and very good presentations of what is to come over the next few months - also great gold hits recently with drilling
From their presentations-Diggers&Dealers 2009
“Focus Minerals has the assets, the vision and the funding to
become a leading regional gold producer.” this says it all!
"In Summary:
• Focus is a profitable gold producing company
• Low cash costs
• Debt-free by end of 2009
• Hedge-free by end of September 2009
• Significant leverage to rising gold price
• Refurbishment of Three Mile Hill completed in December 2009
• 1.88Moz resource base ~ massive upside potential
- Indicated 11,198,000t @ 2.1g/t for 755,000oz
- Inferred 12,099,000t @ 2.9g/t for 1,125,000oz
• Game changing’ exploration program underway"
I think investors are just beginning to see the potential in this stock and will be re-rated over the coming few months - the share price moving up accordingly
cheers
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Last
15.0¢ |
Change
0.010(7.14%) |
Mkt cap ! $42.98M |
Open | High | Low | Value | Volume |
15.0¢ | 15.0¢ | 15.0¢ | $11.12K | 74.16K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9711 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 4618 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9711 | 0.150 |
1 | 280000 | 0.145 |
4 | 22137 | 0.140 |
1 | 7400 | 0.135 |
3 | 58363 | 0.130 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 4618 | 1 |
0.170 | 101060 | 2 |
0.175 | 38584 | 4 |
0.180 | 55555 | 1 |
0.190 | 17548 | 2 |
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