Australia's largest stock trading and investment forum Australia's #1 stock forum

FML

Click for more information

1.85%

13.8¢ focus minerals ltd

Thanks, bigjonos. I hope that the FML section of HC might be a...

First 6 Last

Share
Profile

Follow
SNM

35 Posts.

33

30/05/17

15:09

Post #: 24994323
Share

Originally posted by bigjonos ↑

SNM, thank you - it was a pleasure to read your thoughtful, clear and very encouraging post. I agree that we are seeing some definite signs that the patient strategy of the new directors and management is paying off. We are seeing some support for this view in the rising share price since the AGM. As you say, the big step will be when they resume production. When that occurs, I believe the market will view Focus in a very different way - as a gold producing and exploration company - and will price the company very differently.

The other stages you mention are down the way a bit, but will also be very significant, depending on the margin able to be achieved in production and the success or otherwise of exploration. If some of those explorations come off the company will change again into a considerably larger and much more profitable business.

It has been a long wait, but I see many signs of hope at present, including the attitudes of the board and management.

Expand

Thanks, bigjonos. I hope that the FML section of HC might be a bit more civilised than some of the other forums which are littered with moderated comments.

FML Price at posting: 46.5¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

PEC

Perpetual sniffs TREOs beyond 4000ppm at Raptor play in Brazil

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

BGL

Bellevue aims for 45% production increase by FY 2028, announces $150M placement

MM1

Geochemical work at Newington picks up gold and copper anomalies for Midas

TRP

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

There are more pages in this discussion • 31 more messages in this thread...

First 6 Last

Add FML (ASX) to my watchlist

(20min delay)
Last 13.8¢		Change 0.003(1.85%)		Mkt cap ! $39.40M

Open	High	Low	Value	Volume
13.5¢	13.8¢	13.5¢	$2.047K	15.15K

Buyers (Bids)

No.	Vol.	Price($)
2	21188	13.5¢

Sellers (Offers)

Price($)	Vol.	No.
14.0¢	77398	3

View Market Depth

No.	Vol.	Price($)
2	21188	0.135
2	17799	0.130
4	95300	0.125
2	9500	0.120
1	1000	0.110

Price($)	Vol.	No.
0.140	77398	3
0.145	14109	2
0.150	454554	3
0.155	6500	1
0.160	107300	2

Last trade - 13.52pm 25/07/2024 (20 minute delay)

FML (ASX) Chart