FML 6.67% 14.0¢ focus minerals ltd

Hi Kent,got you.spending now a lot on explorations and capital...

  1. 10 Posts.
    Hi Kent,

    got you.
    spending now a lot on explorations and capital investments and feeding the mill with the low grade ore instead of having short term spectaculare results on profit and cash, while other miners do the other way round is what i like on Focus yet. It gives me a comfortable feeling of the long term haul, while other miners could get stressed by spending more cash in future. Focus is an investment and not a trade IMHO. Focus is profitabel and i'm pretty sure, that they can manage their cash resonable. Spending that for explorations is the best they can do currently. Better than having cash on the bank.
    I do not expect a capital rising nor do they run out of cash.
    But, all just my few thoughts.

    Cheers

    Stuffi
 
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