FML 6.90% 15.5¢ focus minerals ltd

"Early reporting on July showed either massive Laverton or...

  1. 1,730 Posts.
    "Early reporting on July showed either massive Laverton or massive Coolgardie production for July with circa 23k oz from memory. I would bank on no more than 8k - 9k from Coolgardie so first 30 days in Laverton must have been substantial enough to guestimate in the order of 23 - 24k this campaign."

    The trouble is with this "massive" production in July is that in the very SAME report, FML clearly stated quarterly production at Coolgardie will be the same as March quarterly production and Laverton will be in line with June quarterly production.

    You wouldn't think FML management would mislead the market now would we? Based on the figures prodived from FML we should see 46k oz Sept production!

    Pinto rock chip samples and XRF analysis is NOT an indication of the true grades, not even close. I know it will fall on deaf ears, so don't mind me.




 
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