FML 3.33% 14.5¢ focus minerals ltd

up coming announcement, page-11

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    as much as I hate unfounded rubbish, there is a massive thinning out up to 4.7 this morning. Looks like it should nearly open at 4.2 with very thin depth at 4.1, US up overnight and gold slightly up with it. TI must be due soon.

    Interesting to see SHK's announcement yesterday as well. They're pretty much on the ropes at the moment; limited cash and having to fix up the mill. A bit of me would like to see an off market scheme of arrangement there to just take them out. Bit more land in Laverton probably can't be a bad thing, especially if it means the rest of CRE (worth more than SHK) comes with it.
 
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