FML 7.14% 13.0¢ focus minerals ltd

Yes and with every 8,500oz produced our reserves dwindle because...

  1. 1,119 Posts.
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    Yes and with every 8,500oz produced our reserves dwindle because we're barely JORC'ing a further 8,500/month to keep the outlook beyond a couple of years.
    TI really needs to come through to get FML onto a multiple similar to its peers. CRE will help but slim pickings until proven otherwise. most of our other deposits are currently explored further and produced on the run.
    I'm feeling cynical today so Gold up FML down today.
    Wish Stone would convert to FML and nic off.
 
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