answers to common questions on fms, page-42

William,

so you are saying that with less then 5 weeks to go before $36M in potential options exercise funds evaporates before your clearly clouded misconceptions that big kev is holding back a little to save his run till the last minute?????

WSS, mate this is pretty well the home straight you are in now and the closer you get to the finish the harder the race becomes.

Leaving it to the last minute is fraught with corporate suicide as you have no idea what external factors can have on the influence of a company sp.

If that is his strategy then it should be your concern, not his...

What happens if the oppies don't make it over the line then??
Still need money to drill and function??
Not easy raising funds in this market and at depressed prices doesn't help the dilution factor much either...

As for his whole like in FMS....less then a year ago Fe wasn't even a focus let alone his whole life??


Do you think thay can prove up 1Bt by the end of the year???
Even 500Mt is wildly optimistic.
Have you any idea how long the backlog is to get assays back from the lab atm, considering we are in the middle of the Pilbara major drilling season??

I hope BK can pull some strings in jumping the assay queue then seeing as the company really does not have any prior relationship with any of the assay labs to warrant such influence..

Just because you might be next to FMG tenements won't give you the same clout to put pressure on expediting assays back from the lab like Twiggy might given the amount of money he has generated for assay companies.

Sorry Will but you are under some serious misunderstandings if you honestly believe anything you have just put forth...

Mate I just hope you don't hold the oppies as at least with the heads you have a chance over time but not with the oppies over the next 5 weeks...
Options = leverage up and down.

Go and research a company called NEO and their options NEOO from 2-3 years ago and all the promise they had and what eventually happened...

I've seen this all before.

Good luck to you, but I think you might need a stiff drink of reality check....
Feels good going down....burns like .... on the way up though.