Fitnfam - "Does it really matter if you've had 200koz from those CRE pits in the interim at a cash cost of $1100 and you shut it all down?"
Apples with apples, more like stupidity. They needed to Focus clearly on making 3 mile hill profitable, before chasing fools gold up on the horizon.
A cash burn of something like 20 million for the last quarter. They were supposed to be self sufficient, but they indulged in sucking 37 million from .......?
This apple could be a lemon in disguise.?
The gold price might save them, might ? Interesting times ahead.
P.S All the ramping in the world will not make this ... fly.
FML Price at posting:
6.6¢ Sentiment: None Disclosure: Held
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