FML 7.14% 15.0¢ focus minerals ltd

superb company met with negativity

  1. 732 Posts.
    It never ceases to amaze me the constant negativity that oozes from every pore of the private investors on this BB regarding Focus mining.This is a superb company with a ceo who should be feted in the industry for his vision and enthusiasm.Like me I believe he realises that gold prices in the next few years are going to be at levels that most people couldnt comprehend for reasons that are too long and complex to bore everyone with.With this in mind he knows he has to move quickly and precisely covering as much of the huge acreage they own as he can to unlock where all the best sites are for producing gold. This by definition means they will be haemmoraging funds,which for some reason seems to have upset shedloads of investors who dont seem to grasp the a)thinking behind it, and b)the idea that cashburn of a million bucks a month is not unusual in the mining industry.Focus,with Campbell on the case is going to be huge in time.Applaud their commitment.
 
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15.0¢
Change
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Mkt cap ! $42.98M
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15.0¢ 15.0¢ 15.0¢ $11.12K 74.16K

Buyers (Bids)

No. Vol. Price($)
1 9711 15.0¢
 

Sellers (Offers)

Price($) Vol. No.
16.5¢ 4618 1
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Last trade - 12.59pm 21/06/2024 (20 minute delay) ?
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