Bit of a porridge day, so am putting the following up for comment:
Think it is time for FML to come out with some strategic objectives associated with CRE to illustrate to the market that is effectively exercising control (it may be necessary to have CRE state some of the FML originated objectives).
These should include:
A statement that FML is moving to delist CRE (no wishy washy adjectives, a definitive “is”, however no need to state the methodology).
Future of the Summit mine, including progress on dewatering (if any) and exploration activities, if any, planned for the current quarter.
Future of the Barnicoat Mill.
Development statement for any proposed new open pits.
Current quarter’s production targets for each of the existing open pits.
Granny Smith ROM stockpile target prior to commencement of Campaign 10.
Exploration, resource definition and grade control drilling activities planned for the current quarter.
A statement on progress in resolving the Indago Resources royalty issue.
Reinforcing statement regarding FML enhancing CRE relationships with Barrick, MACA Ltd and Hampton Transport.
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