FML 0.00% 15.0¢ focus minerals ltd

questions for the agm, page-40

  1. 84,003 Posts.
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    hi derham,

    true, however, look at many other companies as well - gold stocks and mining companies all over have had it tough.

    Changes of ceo's, board changes, 20% cost rise av. across asian producers - some in Indonesia costs up 100% - yep, 100%.

    Companies spinning off assets - panic in management teams about costs.

    Hmmm, well to me - who the hell would you replace our blokes with??? - which failing companies would you want to draw people from?

    Which other companies have been offered a deal worth more than their market cap?

    I think there is a severe danger of throwing the baby out with the bathwater.

    It has been a terrible couple of years to be in gold investments ------- only one or two have had good runs - and most of those ran on fresh air.

    Look at the market darlings from last year ------ they are devastated. Fml always had more going for it than they did - and still has.

    I gather that most here would like to have been in a company that ran hard but had bugger all.

    Me, I am the opposite.

    have a great day

    Pinto
 
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