FML 9.68% 14.0¢ focus minerals ltd

time to do the maths again

  1. 2,345 Posts.
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    Hi Girls and Boys

    The gennies been put back in the bottle for a little while.
    Won't be long before it's out again-betcha.

    Cre takeover was not based on a $1400Aus price.Seem to remember it was more like $1250,when FML would have done their maths,although with expectations of it being higher in the future over the next couple of years.

    WELL IT IS NOW.Anything above $AUS 1250 would be wouldn't it.

    PITY ABOUT STONE-BAD KARMA from the start,interferring,in the wrong month of the year(hungry ghost month).A very bad omen for them and their directors from the start.Doomed to failure in a business sense.Should have accepted and cashed out two weeks ago.

    If STONE don't cash in quick,it'll be because their bankers are saying hang in there,this drop is temporary.
    If they do,then we'll know,they know it isn't.
    Peking St bankers being the largest buyers of gold.

    As to the combined production --- caching another ounce every 2.3minutes.At $1250,some CRE at $50 profit,FML ones at $400.

    Has anything really changed,other than sentiment and the SWISS saying don't buy our currency,buy EURO's instead.

    America still isn't saving or paying its bills and printing money still,the same as before.

    Great buying opportunities at the moment
    DYOR+DYODD
 
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