takeover to backfire and hurt fas shareholder, page-19

incognito

what i'm trying to do is rebalance the ledger re: GWR and all the down ramping.

Potential is not a dirty word.

A lot of companies are less conservative and forthright than GWR and openly talk about conceptual targets - another word for potential.

What are they doing ramping?

In fact if you go to CTO's website you'll see it has a JORC resource of 10 mill oz now .. which it says should be at 15 mill oz soon .. and goes on to speak of a 50 Mill oz resource potential !

shouldnt the ASX be jumping on this company ?

What about RAU every time it finds a soil sample it makes a boardroom radio announcement?
If it actually finds something it'll be on the evening news for the next week or so.

Would FAS be interested in GWR if it didnt think a 250MT plus resource was a real chance .. seeing this resource is 700km from the coast.

Why is the FAS MD talking of using 10 drills here?

Is it because of the potential?

Potential. Potential, Potential, Potential .. some aversion therapy for you !