FML 3.70% 14.0¢ focus minerals ltd

why should i ignore shandong's words?, page-12

  1. 110 Posts.
    lightbulb Created with Sketch. 1
    " less JORC.."
    Interesting how popular today's focus is on establishing reserves compared to when back in the '60/70's Peko Wallsend's operated Juno and Oroya mines never stated any more than 3 years reserves . They mined profitably on and on for years. Why ? Guess they were confident in what they had and didn't need to stymy cash flow and profits by putting exploration ahead of production too much. A lesson from a vey successful miner !
    Maybe our Fml's guys could talk to Les at SLR or those at RRL who have both shown how it can be done without all the angst and losing control of the baby. Maybe they could be better alternative partners without xenophobia and with a clear shareholder communication activity ?. Also the the management of those two have skin in the game....can't see where CB has.....( just lots of options)
 
watchlist Created with Sketch. Add FML (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.