FML 0.00% 13.5¢ focus minerals ltd

gday guys, im new to the FML thread, but bought in today.forget...

  1. 377 Posts.
    gday guys,

    im new to the FML thread, but bought in today.

    forget about the sell down and take a step back and think of what is actually going on (which is why i just got in):

    - operating profit for the quarter
    - plenty of cash on hand
    - increasing production
    - coy has funds to keep refurbishing additional mill for further increased production
    - closing hedge book for more favourable terms once closed
    - paying down debt

    equation is simple.

    relax
 
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