Takeover or Wake Up, page-9

Can’t really make any predictions in this respect.

FML have a big land position in the Laverton belt and there could be potential around the old Lancefield mine to find new shoots now the old WMC royalty has been renegotiated (Lancefield was the longest running mine in the district). Not to mention the prospectivity of a number of FML’s other projects and large under-explored landholdings. The large Chinese ownership of FML probably limits any sort of TO or tie-up though as I doubt they would be sellers. A bit of research might identify other companies with prospective ground around Laverton. Maybe Goldfields might become sellers as they are focusing their attention around St Ives now and their stake in GOR. These are just some passing thoughts. Esh