The lack of production chart would concern me - I also suspect that production might have been dropping between shortly after the last chart and the report. You would assume that if it had been increasing they would have shown us, but all they gave was an average figure for the period.
The only thing holding the price where is it is the new director. The land hasn't changed and it's difficult to see how a change in management is going to change the technology or economics. Until he actually gets some results I expect the price to gradually wane back to where it was, and then continue downwards. Of course, if something actually does change for the better we'll see improvement. He got everyone excited, but only true substance will hold it. If he has a hat full of rabbits I'll be impressed.
Good luck to all!
FDM Price at posting:
51.0¢ Sentiment: LT Sell Disclosure: Not Held
