FML 3.45% 15.0¢ focus minerals ltd

afternoon,actually fml doesn't have double the costs of some...

  1. 86,261 Posts.
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    afternoon,

    actually fml doesn't have double the costs of some other mining companies.

    What you find is that most companies with very low costs are saving money on things like maintainence ---- they just don't do it?

    how good is that?

    some others are in very low cost countries like Indonesia? -- great. Treat your staff like slaves and in the end find out the realities of soverign risk - ie lose your company or lose your assets ----- great but they have low costs.

    I heard from a ceo the other day ---- costs in asia for gold mining companies are going up 20% --------

    hmmm, Paul Fromson is getting our costs under control and has plans to get them lower again.

    Where would I rather be - Asia or Coolgardie?

    no contest.

    I agree costs are a big deal for madam - and she has a few other issues as well ----- but, on balance ------- I am in and staying.

    have a great day

    Pinto
 
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