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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- great potential for increase in sp
Good to see Focus on the move - has good amount of cash in bank...
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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($) | Vol. | No. |
---|---|---|
14.0¢ | 67030 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 222192 | 0.125 |
2 | 11625 | 0.120 |
1 | 1000 | 0.110 |
1 | 20000 | 0.090 |
1 | 50000 | 0.056 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 67030 | 2 |
0.145 | 11428 | 2 |
0.150 | 454554 | 3 |
0.160 | 11109 | 2 |
0.165 | 77956 | 4 |
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