Yes Oily, indications certainly looking like a offtake agreement could eventuate here , $1 will end up looking cheap if thats whats on offer, the chinese less fussy about Jorc compliance than the ASX are. I am told we will need a jorc compliance on the hang seng ie same type of requirements for reporting as the ASX. If indeed FMJ goes that way
Certainly much more reason to be optimistc even with those wishing to leave week 1
IMO DYOR
FMJ Price at posting:
$1.00 Sentiment: Hold Disclosure: Held