FML 0.00% 15.5¢ focus minerals ltd

Think there is a bit of paranoia starting to creep into this...

  1. 435 Posts.
    Think there is a bit of paranoia starting to creep into this area of the share placement discussion.

    Will someone who has worked in the Australian gold industry kindly point out the reality of how gold is accounted for in the production, sales and forward selling processes and some of the safe guards employed.

    If you want to add another layer to this you could also add the royalty process employed by the State Government here in Western Australia (yet another independent watchdog overviewing the whole process as you can bet they are not going to miss a cent in revenue).
 
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