FML 9.68% 14.0¢ focus minerals ltd

Some answers to our concerns about Mar Qrt, page-10

  1. 124 Posts.
    lightbulb Created with Sketch. 77
    Below was from the article you post, when gold was sub A$ 2000, without functioning mill and before feasibility study.

    “In fact, BDO Corporate Finance estimated the fair market value of the Coolgardie project to be in the rtiange of $70 million to $110 million, with a preferred value of $85 million.”

    I think you actually proved my point again: at current price, you buy Coolgardie at half price, and get Laverton for free.

    Also unless you plan to short sell the stock, you are wasting time following something you will never buy. Life is short.
 
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