FML 1.85% 13.8¢ focus minerals ltd

sept quarterly & cashflows out now , page-3

  1. 1,119 Posts.
    lightbulb Created with Sketch. 7
    To be honest not real happy but could see it coming based on dwindling sp. I think i'm justified in saying that FML (Excl CRE) would be processing 100,00oz in 2011 according to management and they have maintained this statement right up until now. They have no chance now and will fall short around 20,000oz short!!!
    Wording now amended to "at a rate of 100,000oz p.a.' by December 2011. So expect 25,000 for Decxember qtr.
    Guidance update should have been submitted throughout the Sept qtr.
    DB also reducing its holding or bailing out over the coming months.
 
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