FML 7.14% 15.0¢ focus minerals ltd

Already have three times over...Must be close to bottom before...

  1. 78 Posts.
    Already have three times over...

    Must be close to bottom before turning as I do think 4c support will hold, so you are probably right that it is the right time.

    Must now show in coming months they are ramping up production as 1500oz/month even at 9g/t isn't gunna be enough to stop company burning cash,let alone provide em with funds to develop Nepean.

    Would expect it towards 2000oz for June and July ramping up towards 3000+ in August when they commence stope production,hopefully at >8g/t.

    If they do achieve that and then drilling at Nepean doubles reserves to >25,000t Nickel and by August release BFS I would expect to be seeing alot more than 4.4c by then.

    Anybody out there not confident that 4c support will hold?
    If there are I would like to know is it fundamentals or market sentiment that sways you?

 
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