FML
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9.68% 14.0¢ focus minerals ltd

some risks

  1. freeprom
    1,075 Posts.
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    17/01/11
    12:35
    Post #: 7746082
    I've come up with some risks, because everything else seems so rosy for FML:

    - High cost of production as several knowledgeable posters here noted. Apparently management are well aware of this and are doing everything to bring it down, through economies of scale and whatnot.

    - High Aussie dollar. Nothing we can do about that.

    - Unstable gold prices. Nothing we can do about that either, although the general trend is up.

    - Any more?
    FML Price at posting: 5.6¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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