ann: fml to raise 227.5 mill via placement, page-43

Morning all

WOW!!

This is sure to generate some debate (hopefully all healthy)

My take...

Foreign investement is what it is...part of our investing climate. IMO this deal is positive and will place us in a great position to reach our goals

We all know the Chinese have been securing resources-in the-ground for the last 5 years or so. What strikes me about this deal is that they are investing in our PEOPLE & PLANS rather than just our assets.

You know what this does, this brings our people and the plans they have in place to the fore...no longer do they have to wait or place exploration/development programs on the backburner.

The new investors have put their money behind our company. If our people can execute and deliver on their plans we will see massive SP increases...place yr bets

GLTA

Couchy

PS I am very interested to see what comes of the Stone issue...would be great if this deal allows FML to take 100% control of Laverton