FML 9.09% 12.5¢ focus minerals ltd

stone to get 60% of a1 - after summit?

  1. 2,358 Posts.
    lightbulb Created with Sketch. 241
    interesting to see stone (CRE's 10% holder)now trawling the bottom feeders with a deal on A1 for upto $17m.

    Maybe they're planning a CRE type deal for the low grade ore milling themselves or just tying up some laverton tenements.
    why bother and for $17m?

    Then again there is a very small well run mill and camp onsite in need of highgrade ore going to waste,supposedly 35koz/yr at 3-4g/ton

    That may explain the change of direction re CRE purchases.
    is SUMMIT up on the cheap as they say.
    70koz/yr at 6.5g/ton
    Did i say that? OH DEAR.
    Is someone privvy to FML's gameplan and pipping them at the post,because they're impatient.
    Very dangerous to lay your hand down first in a game of poker.

    DYOR-games afoot or a fools investment?Am i dreaming?
 
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