FML 8.00% 13.5¢ focus minerals ltd

Good to see Focus on the move - has good amount of cash in bank...

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    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
13.5¢
Change
0.010(8.00%)
Mkt cap ! $38.68M
Open High Low Value Volume
13.3¢ 13.5¢ 13.0¢ $1.169K 8.898K

Buyers (Bids)

No. Vol. Price($)
6 222192 12.5¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 67030 2
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Last trade - 15.57pm 29/07/2024 (20 minute delay) ?
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