FML 0.00% 15.5¢ focus minerals ltd

laughable, page-13

  1. 59 Posts.
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    Given up following here but what happened to Sharpshooter as he was right all along.

    The biggest rampers here and all their waffle,worship of management and reading body language look so foolish we must admit.

    The whole 51% business is standard for the Chinese whether you believe they will have alterior motives or not.Beggars can't be choosers.I assume if putting in cash they want to be sure it is used wisely.Looks like no one else will put in such an offer even if it's at the low end.
    Look at ytc and the amazing deal they just did with Glencore.
    I assume that is only possible as costs per oz au with credits come in at $395 which FML will never get close to.

    Unfortunately I cannot see an alternative if it is voted down compared to what can be done with a massive cash injection which will propel the company forward.It is the only way to get costs down.Hand to mouth living and praying for a big POG increase is just for dreamers,gamblers and body language readers.
 
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