FML 0.00% 15.0¢ focus minerals ltd

now sooner!! than later!!

  1. 561 Posts.
    I,m seeing conflicting FML share issue amounts on two sites. 3.4 billion and 4.7 billion.

    That aside, and not a fan of consolidation, it must be inevitable that it will now happen sooner than later.

    FML are now touted as a top 5 producer, therefore, I can,t see this high share issue prolonging much longer.

    RMS 292m
    SLR 179m
    TAM 261m

    Taking 3.4b, FML would need a consolidation ratio minimum 1:15/20 to get close to them.

    Thoughts anyone ?

 
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