FML 11.5% 11.5¢ focus minerals ltd

I,m seeing conflicting FML share issue amounts on two sites. 3.4...

  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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