FML 0.00% 15.0¢ focus minerals ltd

is a takeover possible, page-17

  1. 807 Posts.
    How about flipping this question around is there any smaller players in the area that we could aquire? To be honest im not sure because i haven't done the research but i know they have mentioned in the past that they have been looking at aquisitions and if the terms are right they are not afraid to do so.

    As for 3 Mill Hill most of that capacity is accounted for, there is about 100k tonnes of ore spare capacity (was in one of the presentations i forget which but it is on BRR). They also still have the toll treating option (which may be handy when nickle comes online). Current exploration is expected to rapidly convert their resources to reserves hopefully quicker than the pull it out the ground. Its not unrealistic for them to be achieving 100k oz a year with current projects however if capacity allows i can see them being able to produce 150k ozs a year especially if we get some good results from the mount and the deep drilling
 
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