FML 7.14% 15.0¢ focus minerals ltd

the problem with focus is that its progressing towards being a...

  1. 1,419 Posts.
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    the problem with focus is that its progressing towards being a 500k oz producer per year. whether they get there is another thing.

    but along the way they are trampling on current holders. if we knew all the moves they were going to make, mergers and partners, then we could have made a decision to invest for the long term or move on elsewhere.

    its now at the point where we either need to stick it out for 12-18mths until the sp gets moving again or take a substantial loss and move on. i'll probably hang on cause we should be able to get back to 5c in the next year or so and thats a fairly good return from where we are now. pity we were there not that long ago.
 
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