@stumpytrunks and @bigjonos or anyone else Can someone do a back...

@stumpytrunks and @bigjonos or anyone else

Can someone do a back of envelope calculation? The old Focus might have some mill operating costs to help, and some assumptions of throughput because it seems FML prefer not to load up the mill. To me not filling up means that pehaps they have a lot of tonnage at low-ish grade and perhaps expect higher POG in the future when it would be more valuable.

No doubt they have been doing a meticulous job. When you consider it once had a high 10c under the blustering previous management, then had a 50x consolidation, for some if they are still around, they need $12 price. For those who came much later in the 0.03/0.05 range will need $1.50 - $2.50 to break even.

1.4 Mtpa. Barnicoat ...has it had production efficiency issues?

I had a go at calculation and came up with a 4x sp uplift to $1.50 - $1.75/sh but its not my forte. Anyone else with a guess?