FML 2.78% 18.5¢ focus minerals ltd

has the rot set in, page-13

  1. 2,433 Posts.
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    gents,

    the mill reline at BGSM.we use 60%+++ of its running time and obviously the reline or no reline was an end of life decision as far as Barrick are concerned.FML paying ensures FML using,while the reline lasts.Bet Shandong have supplied a large percentage of the componentry.

    A 20% rise in milling costs is too round a figure to be Nice however and suspect fun and games to come,with a we can screw Shandong/FML now they have got money and claiming profits at Laverton.

    I have no doubt there is a change of ownership transaction in the pipeline with Shandongs involvement and Baricks need for cash after its last QTRLY.Barrick are on notice,once Lavertons options are decided.

    Gold may already have peaked,i know of at least one English speaking country besides China that has seen economic growth that is growing,with employment rising along with the rising number of trade apprentices taken on,not including building related apprentices.

    Dyor+dyodd
 
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