FML
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6.25% 17.0¢ focus minerals ltd

is a takeover possible, page-16

  1. Gary140857
    417 Posts.
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    07/11/09
    11:22
    Post #: 5884851
    Hi Alarcity

    I don't think the superpit will be closing in 2021.

    On current reserves maybe but they are proving up ounces all the time which will take them way past 2021.

    The superpit produces about 800000ozs a year so Focus would have to prove up a hell of a lot of reserves to come onto their radar in that sense.

    What is out there time will tell.

    Gary
    FML Price at posting: 6.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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