In light of FR with current developing situation with AON,
the most prospective areas in our tenemnts could be where MD Dermot has
1. stopped or
2. skipped or
3. changed his initial assessment
About 267, as everyone has different story, let he do whatever he wants.
Sell or hold or buy
at any SP
at anytime for good part from the company and us with satisfactory exit outcomes.
Again clearly, when (sizable) retail holder(s) starts jettisoning his/her holdings, they said it is sign of 'bottom'.
About company's Doolgunna, all areas are unfinished half job done situation.
Even progress drilling outcomes have turned out wrong direction, company must finish drillings over detected
conductors. Then we can make a final conclusion whether it is 'duster' or seeking mineral ore bodies.
Already company spent about $6 - $7m for over 3 to 4 years time (=simultaniously with FR exploration),
no any conclusion at any prospect areas. Vulcan/Goodins. V.West, Borg, Bono, Azan, Ruby..................
Both FR and Doolgunna, if he focused on most prior target, but not digging everywhere, we are all probably in
very comfortable financial position. Not concenring it is 30% or 100% at FR and 25% or return whole 100% back.....
Regards,
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