We are expecting too much,too soon.
But we all don't deserve the pain.
Time will see it come good in aces.
They planned to produce 5300 OZ for the few months before end of financial year and after getting 3.5k first month with stock piles helping,it is fair to assume they will get past that easily over May,June.
From website-Gold production is targeted to deliver approximately 5,300 ounces in FY2008 (reflecting start-up production from Perseverance from April 2008), increasing to ~65,000 ounces in FY2009, ~75,000 ounces in FY2010 and then ramping up to a sustainable level of 100,000 ounces per annum from FY2011 onwards from projects currently within the development pipeline.
Have faith that this company will produce the goods
and it's s.p. will begin to trend upwards very soonly.
This is a good read.
Gives nice indication of nickel hopes.
http://www.goldoz.com.au/fileadmin/goldoz/editorials/Focus_Minerals_Editorial.pdf
should head bak up to retest 5.3c....., page-6
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Last
14.0¢ |
Change
-0.015(9.68%) |
Mkt cap ! $40.11M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 14.0¢ | $4.409K | 30.40K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1700 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 6000 | 1 |
View Market Depth
| Last trade - 15.44pm 05/07/2024 (20 minute delay) ? |
| FML (ASX) Chart |