re: Ann: Placement and SPP for Flinders Hamer... FMS board seems have the minimum amount of cash reserves in the mind based on the risk control.
Don't forget it has made the decision to shit into IO sector strategically but it also has the experience to deal with the worst case. The capital raising should be the results to put FMS in a winning position or survival position in the worst case. It should no leave any room to threaten its life. If you could be survival in worst case, you have the chance to turn the pennies into dollars.
It is not about the IO, about MXR, about IO future, but the decision based on the worst scenario. I feel very safe to my paper profit now. I do feel FMS board know me very well and I fully understand what it tries to achieve.
Life is good since I feel I get a trustable partner to make the dollars from my pennies.
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