Thanks for the concern CW, No problem here at all, just with FML. I invested for all the 'promises' of the past, 100,000oz by FY2011, cash costs of $450 yada yada yada.
My issue is with exactly what you have said,
" It would make us even stronger in a shorter time frame and remove risk to a greater degree."
That is exactly what they have said to me in the past, in fact after the last capital raising. I agreed with them, but then they went in a different direction after raising money under a different premise. Now, you suggest it is OK to come cap in hand. I respect your view, but I disagree respectfully.
FML raised money in April last year to get Coolgardie to 130,000oz this calender year. Well I don't see Coolgardie doing this and the shareprice has been punished. I don't like being mislead. I don't like the company with holding information and being told by HC.I want the right to be able to make a decision to buy or sell with the full facts and to do it at the same time as everyone else finds out, not just when it finally leaks onto HC.
FML Price at posting:
3.8¢ Sentiment: None Disclosure: Held
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