FML 7.14% 15.0¢ focus minerals ltd

Just a thoughtis there any other miner that did 77koz last year...

  1. 2,334 Posts.
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    Just a thought

    is there any other miner that did 77koz last year that's going to have 200koz worth of cash going thru it's fingers this year?

    and what does 5g/ton pit cutbacks do to FML throughput NOW and its cost per ounce.
    Bonus time?
    How much are they going to hang onto as treasury ounces,until they need the cash for development or the next MOVE?

    DYOR -then DYODD

    5.6c and $1200/oz for 77koz

    7.2c and $1700/oz for 200koz

    with 1/4 dilution(new shares) = 150koz equiv

    and at least $600 margin on average + versus $300 at $1200

    Doesn't that make the current price a 3.6c equivalent?

    IS FML TOO TOO CHEAP? Can't buy anymore-wish i could
 
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