Rail gun and I wish - some good posts and points made. Given that FMS have limited cash I have wondered why they have continued to pay for further drilling and feel the need to expand the resource. Could it be that a TO will be linked to resource size and grade? Was extra resource really essential for the project to be viable? Further drilling could have been completed when in production and the cash is rolling in. As your post suggest, are the ducks being lined up for a TO or other? Maybe a JV? maybe with the Chinese Steel Mill involved?
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