FML 2.70% 18.0¢ focus minerals ltd

I posted last October that I was not expecting a restart for a...

  1. 732 Posts.
    I posted last October that I was not expecting a restart for a minimum three years once they announced the electricity deal and I don't see or hear anything to change my mind on that. Most of the considerable cash left is to be spent drilling to see exactly what lies beneath all owned tenements as top and (in my view) only priority till then. A fluctuating gold price bumped artificially higher for a few months based on yet another political or global catastrophe is not how the new owners see the way to go in my opinion, and as tedious as that may be for all long term holders, is probably the right decision.

    All absolutely my opinion only and not to be acted on in any way whatsoever.

    Good luck to all as always.
 
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