FML has exceeded the expectation in production and in cash cost...

FML has exceeded the expectation in production and in cash cost last quater.

25k oz needed this quater to meet 80k CY10 target so looks like they are on track to meet their target.

Consistently increasing reserves, now at 265koz.
Increased resource now at 2.05 m oz.

Cash cost would be lower from this quater onwards(700/750?)

Ores are from multiple sources, so decreased risk.

On track to make 20/30m npat in FY11.

I know they are not the best marketing guys around, but who needs a hyped marketing(even a reasonable for that matter) in this kind of predatory environment,
Is this a deliberate strategy to be under radar till we get good grip on our potential? who knows

This one surely knows how to test investors patience,
But I strongly feel this is not the time to be out of Focus.

I will leave with a peter lynch gem
"It takes remarkable patience to hold on to a stock that excites you, but which everybody else seems to ignore. You begin to think everybody is right and you are wrong. But where the fundamentals are promising, patience is often rewarded."


ps: Please DYOR & DD as I may not have a clue of what I just blaberred