Referering to my previous post http://hotcopper.com.au/posts/17392902/single
I do not believe the fraser range is high priority ATM, unless something has changed. Eamon said that ground works will commence at double magic later this year. The priority is to look for a partner for the graphite. He said to me 'would you like a SP pump and dump or would you wait a year and would like to see the SP at $2'. I was a bit stunned by this and agreed to wait.(March 2016)
He pointed out unlike a typical director that he works for the shareholder, and wants to keep the issued capital low. Not many say this from years of speaking to directors.
Interesting that FMG mentions their interest in Graphite, Lithium and Copper.
Could there be a connection, maybe/maybe not. But Eamon was head geologist and director of FMG from 2004-2012. He would be well connected, but not sure if FMG would have the required skill set to take this project to fruition. Also it is not on the large side.
On another note as I spoke to Eamon in March where on earth are these assay results for the grab samples from the north Gero prospect ??? Watching with interest
BUX Price at posting:
8.7¢ Sentiment: Hold Disclosure: Held
