FML focus minerals ltd

reporting clarity and guidelines, page-8

  1. 2,661 Posts.
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    Recyug,
    from memory it was their budget allowance for ADDING OUNCES,not those already on the books.

    The comment was with reference to the CRE purchase,again from memory,with them saying that was part of their CRE valuation methodology.

    Great to think,development costs paid for when pits hit their planned bottom.

    All of a sudden,once those costs have GONE,production costs,could get interesting.

    DYOR+DYODD Infose thanks for the theory,but i have worked in the real world.If you buy a pencil suposedly 3 inches long and once you use that another 3 inches pops up,then that must be free as you use it up,if the pencils cost is already written off.
 
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