FML 0.00% 15.5¢ focus minerals ltd

vote no, page-5

  1. 155 Posts.
    Whether you agree or disagree with the vote you must at the very least conceded that we find ourselves in one of two very dire situations:

    A) The BAD situation:
    FML is a fundamentally competent company facing a rising gold price.. But with completely incompetent leadership, who are either:
    -incapable of positively communicating to shareholders the value of their negotiated deal, or,
    -unable to positively communicate a deal that ISN'T POSITIVE, as they desperately try to sell out.

    or,
    B) The WORSE situation:
    FML is a fundamentally incompetent company facing a falling gold price. But with completely competent leadership, who are either:
    -incapable of suring up our resource base before they 'know' gold is to fall off a cliff, or,
    -unable to explain to shareholders the real issues damning the company due to some three dimensional chess, catch 22 senario.

    To my mind, situation B is an paradox! If we had competent management why would we have a desperately ailing company existing In a time of record gold prices?

    No, I don't buy it!

    FML is not floundering. Gold is not failing. FML Is just a slow and steady winner run by board at risk of being impatient losers!

    Vote NO!

 
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