FML 1.85% 13.8¢ focus minerals ltd

Hi gents and ladies present, i can see once the drilling...

  1. 2,358 Posts.
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    Hi gents and ladies present,

    i can see once the drilling delineates more defined resources,then expansion of the plant will be a natural.
    I honestly believe,that's why all the current drilling to find more resources and the next pit to exhume in a hurry.
    It's a case of keep the mill fill(DONE),then chase grade(DOING),while chasing justification for expansion(DOING) while chasing feed for any expansion(DOING).
    Apparently,in the past a small sum was mentioned,to take the mill to 1.8mt/yr.It all comes down to how much disruption,is tolerable with such a rising gold price, logistics and available mobile plant and staff.
    I believe mention of the crusher being good for 2.8Mt?
    The Future will be interesting as i believe FML are looking well ahead to lowering their per ton costs and that naturally comes with a larger plant if you can KEEP IT FULL.
    Otherwise you end up like Barrack needing a CRE to keep your per ton costs down.
    Interesting and profitable times ahead.

    DYOR+DYODD
 
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