FML 8.00% 13.5¢ focus minerals ltd

judgement day in two weeks, page-43

  1. 1,581 Posts.
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    As usual CW, you have been logical and reasoned and respectful.

    Clearly FML has made their business focus on their au prospects and I applaud them for making the business choice as they recognised that there is a rising au price.

    When FML put nepean on hold, they did so on the basis that the ni price had retreated and they were not prepared to invest in what would have been a high risk/low return business.

    Importantly, FML has pursued gold opportunities in a rising au price.

    Nepean may be further interpreted and developed but not on current ni prices.

    Once again CW , thanks for your informative and reasoned posts

    regards

    Mulac1
 
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