re: Ann: FMS PIOP Strategic Review Appointmen... Just take some...

re: Ann: FMS PIOP Strategic Review Appointmen... Just take some valuation and pricetarget reports from past year:

Foster-Stockbroking (jan 2011) with a pricetarget of 0,53 A$
Petra capital (John Veldhuizen) with a valuation of 0,67 A$ per share based on 15 mtpa...
Euroz (march 2011) with a pricetarget of 0,45 A$

and offcoarse FMS its own NPV of 3,1 Billion A$ (last Quarterly) of the 15 mtpa plan, giving a NPV per share of about 1,60 A$ !!!

Not to forget the possible value of the Vanadium at Canegrass (Inferred resource 107 Mt at 0,65% VanadiumPentoxide), meaning 660000 tonnes ...
Offcoarse it's still very early here for Canegrass but I've seen prices of 30000 US$ per tonne for VanadiumPentoxide in tightening V-market coming years.

But the main project is the PIOP and I expect this or next month will be an exciting one!

klmarc