changing gears, page-9

Such Impatience.

Haven't compared the pit pictures,because unless i know what pit it is i can't be sure of anything,even then i won't.

Fml have always been vulnerable and good communication and good publicity have kept them popular and with a reasonable level of shareholder price support.

The CRE deal was about a number of things and the security of being in the ASX300 was part of that.

Yes,the shareprice is depressed,but holding up versus other backpeddlers.Publicity will increase the price,but with an open registry advertise a bargain.

Once all the funds that need to load up have done so,then there will be a level of institution analysis spread and support and buying the moment any change in outlook to the positive.

Unfortunately,it's all about timing.The timing requires some settlement of CRE takeover-even if it's just delisting and the timing of all of this leaves a wonderful vacuum for a humdinger announcement,that will have only one effect.
The longer there is an official excuse for keeping mum,then the greater the consolidation of that development before the quarterly announcement.

Yes,that's what i'm picking,something like "we've dug down such and such a pit the 30mtrs we drilled to justify open pit mining and are now into 5g/ton open pit ore in the pit floor that has continued a further 10mtrs at this stage.Consequently this quarters production is 15koz above budget"
It won't take much to flick FML into the too expensive to takeover category with plenty of institutional support.

Why encourage stone to hold FML shares.Maybe we don't want them to accept the offer in reality.Delist and then after a rerating offer them cash when our shares are twice the price and they are twice as desperate for their cash back.

DYOR+DYODD