"We are being preconditioned on the basis that the PIOP ore must be upgraded..."
Yep, agree Jake, only way to read that quarterly. Suggestions we will need more funds and our ore is too poor. Luckily BBIG will be able to save us. A clear plan and way forward is starting to emerge and it ain't pretty. I guess the only thing that might change their thinking is the possible introduction of new money (chinese for example) to assist BBIG development and if that causes dilution in BBIG ownership they will not want to run FMS at too low a level and give new backers all the cream. Certainly need to watch all moves very carefully, although hard to see what is happening from the outside...........
FMS Price at posting:
8.1¢ Sentiment: None Disclosure: Held
. A clear plan and way forward is starting to emerge and it ain't pretty. I guess the only thing that might change their thinking is the possible introduction of new money (chinese for example) to assist BBIG development and if that causes dilution in BBIG ownership they will not want to run FMS at too low a level and give new backers all the cream. Certainly need to watch all moves very carefully, although hard to see what is happening from the outside...........
(20min delay)