warnie, page-40

Warnie, I think FDL is different to CAZ. As you may recall the reason CAZ went up was because they managed to jump in front of RIO and take title to one their tenements because RIO failed to renew it in time. RIO had actually posted the application but it did not arrive by the due date.

Long story, but what happened subseuqently was that RIO appealed and the WA Govt disallowed CAZ's application and it went back to RIO.

So the reason the CAZ SP crashed was that CAZ lost the tenement not that ore wasn't found. Every body was speculating on the fact that CAZ would be allowed to keep the tenement.

FDL is completely different. As far as I know FDL are not in danger of losing their tenement like CAZ lost theirs. Every body is speculating on how much ore will be found.