Well the quickest way to get FNQ into production would have to be getting the plant. They have the dirt. They have done buckets of work re approvals etc. They have said in several announcemnts the plant could be made operational. They indicated they could be operational in FNQ if all goes will in the first half of 2010
You never know really.
Would it be great as if they became a producer with the POG going ballistic
However - it could just be they have someone who wants to be involved. Pattersons were keen and underwrote the last placement and may be it is simply a raising funds for operational expenses
They have the approval already I suppose and I will get slaughtered for ramping the company again but who cares really - such is life
When I get off a plane on Wednesday I will be happy or sad
Hoges in Adelaide
BIG Price at posting:
3.4¢ Sentiment: Buy Disclosure: Held