Issue 10m shares to IG under 2 conditions:
1) the Flinders Board making a final investment decision, on the basis of
a bankable feasibility study, to develop PIOP; or
(2) a takeover of Flinders, where a ‘takeover’ of Flinders occurs if a
person or a corporation who did not previously do so:
But IG chosen (2),
if (1) dosen"t work out in best of interest for all of shareholders, board may choose (2),
the questions are ;
Why our board didn't finished BFS, and jump into (2),
Why board never want to finish BFS,
Where is BFS money gone to?
Why Todd take over before BFS?
FMS Price at posting:
2.6¢ Sentiment: Hold Disclosure: Not Held
