FML 9.09% 12.5¢ focus minerals ltd

re: boardroom interview, page-6

  1. xlb
    10 Posts.
    re: boardroom interview
    My mistake, sorry ... the cash cost I quoted wasn't entirely fictional, just 1 year old, quoted for Dec quarter a year ago.
    http://www.focusminerals.com.au/LinkClick.aspx?fileticket=Kp0gMOTY3ms%3d&tabid=315&mid=1516

    Updating my calcs for cash cost of $877 results in 10.9c/share .... still good value. Key question is whether the additional new production will increase or lower average production costs. Open pit mining sounds cheaper.
 
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