Ann: Strategic Tenement Package Acquired , page-4

I spent 4 yrs at Golden Grove which is approx 30km's from FWL's Yalgoo tenements hence my being comfortable being invested with fwl. Golden Grove has been minining since late 80's and continues to find copper and now a high grade copper/gold/silver open cut. I for one would have preferred to have seen fwl either increase their tenements in the area where known anomalies are or look into current anomalies in their yalgoo tenements. Plenty of gold tenements in the area where gold production was uneconomical at $500 ounce but at today's prices may be a good bet. Mind you $500 once at 60c exchange rate was around AUD $900.