Well Val does not have a 20.58% stack in Firetail. Val gets 15m shares as part of the sale. After the cR with FTL there with be 166m shares so Val has less then 10%. They get get 20m more in 18 months time if the land meets targets. Even then 186m shares if FTL ad Val has 35m not still not 20% another BS from George. Yes FTL is up just under 100% clad I took the loss have already got the back and at least this company drills. Will get back in VAL when they really decide to drill.
Ann: Firetail Shareholders Approve Acquisition of Copper Assets, page-6
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