BC, I'm with you 100%. I have faith that FHS can deliver this year. However, they need to be more transparent in their press release and keep the shareholders up to date, whether things are good or bad. As you saw from the recent quarterly, things that they inform us don't really ad up and we shareholders deserve a better explanation as to what's going on. For instance, the CO mentioned that we delivered 2,800 tonnes of magnetite (28 OCT 22 ANN) and production was scheduled to commence the following week. The chair said that modest deliveries have been made to CMP during November (30 NOV 22 ANN). And... the company completed initial delivery of some 3,000 tonnes of magnetite (31 Jan 23). 200 tonnes is less than 1/10 of what's delivered in October. It's nonsense that the chair would call it 'modest delivery'. Plus, no announcement in both December and January. They spent years to build the iron ore mine and the share price has been falling.... I see a great potential here. The BOD have to wake up.
I also emailed them and had got no response whatsoever so took the plunge and rang them up this morning.
Anyways, hopefully good news this week or next week to follow along with the relisting.
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- Called the CEO and here's the response
BC, I'm with you 100%. I have faith that FHS can deliver this...
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