recent developments in this sector, page-49

It is evident that
1. FMS needs first to keep its door open
2. FMS needs its first bucket of gold
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I believe all of FMS board are experts to plan for survival. There are too many options, which need them to consider.
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How to get the first bucket of gold? It has done a very excellent work without ignorance of the risks.
1. It keeps its diamond exploration
2. Move into phosphate exploration with the partnership
3. Join the right issues of MXR
4. Put most of its resource into IO drilling for breakthrough point!
5. Regularly inform the market to get the feedback and fine-tune its daily operations.
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However pelm is partly right FMS price is not defined what it has or does only but also the perception of the market or mainstream.
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Let us, who has the faith on FMS IO, focus on the long term and big picture since you could not turn the pennies into the dollars too easy. The great winning comes from the insight and vision in long term.

1. Ben Graham, the mentor of Warren Buffett, told us why: "Though the stock market functions as a voting machine in the short run, it acts as a weighing machine in the long run."

2. Fear and greed play important roles when votes are being cast, but they don't register on the scale.

Since the resource debacle happened in last October, the bloods caused huge fears and pains. The voting machine threw everything away if it has any suspect.

FMS has huge IO which could not be changed by the voting. It needs the weight record, JORC and need to be registered to get the basis of its value. Don't take the value and price as the same things. The price would be much higher when the voting machine turn into a binge.

We really don't know what will happen in future but as FMS shareholders we have taken a very critical step, we have the pennies in our pocket, which could be dollars with very high probability. It is good enough to me.