FML 7.41% 12.5¢ focus minerals ltd

Production and profit are two very different beasts though....

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    Production and profit are two very different beasts though. True, after costs we would still have made an extra ten million plus profit if all had gone well. However, we now have a company by the short and curlies. Have a look at CRE's financials for the quarter. About 125k left over after FML takes its loan back, and that's not counting any interest! I suppose the quation is, do you want ten million now, or say 100 million of value in a years time?
 
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