FML 7.41% 12.5¢ focus minerals ltd

still under the radar

  1. 84,774 Posts.
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    morning all,

    I spent a couple of days with a new friend - friend of a friend visiting me.

    the new friend is deep into shares - trading and investing - you could say full time - in between biking, fishing, travelling etc. (he's arrh, done rather well).

    He hadn't heard of fml.

    A stock that comes up 8th from all the asx in predictions of 620% earnings rise for the year???????????

    This ain't the first time - many times aquaintences I have met have never heard of us - even though we are the 5th biggest producer in the country.

    My guess is that when finally the 200oz production is aired in public and if/when we hear the roar of an elephant or when don gives us a maiden ----- then when talk starts to get about about fml - I guess the sparks will fly.

    It's all in the timing eh? I guess if it all comes in at a leisurely pace then a rerating will be an orderly thing - but if one thing rolls on top of another quickly then fml will be one of those rockets you see sometimes.

    this is going to be a very very interesting 2012 for us.

    either way - this graph of US gold only says one thing to me -- about US $1800 or $1900 by end of year minimum - don't know what that means in aussie and don't know what the upside from that might be - but we sure are still on trend.

    have a good day all

    Pinto
 
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