FML 3.70% 14.0¢ focus minerals ltd

should i buy, page-9

  1. 500 Posts.
    Bagm and Zooma, those are the very fundamentals which convinced me to move on this speckie. The current price (manipulated or not) doesn't truely represent the acreage, the proven potential of that acreage and the expertise management possess to turn this company into a significant mid-tier mining company. Plus, these assets are located in WA, my backyard, and in politically stable conditions. This makes a lot of difference in terms of the smooth operations of the mine facilities. But I am still guessing that a capital raising may be necessary, or a level of debt raising (i prefer the former) to secure successful completion and production. After all, these are very capital intensive projects.
 
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