facts, page-59

Evening all.

Plenty of chat here as always about market cap.


The market cap of FMS has priced in on my estimates about 100mt of high grade ore.

Any further drilling that confirms more than that figure will be reflected in the SP over the coming weeks/months.

The 3B notices are appearing more frequently as the time to option expiry draws closer.

If all or most option holders pay up then we have another $30 odd mill in the kitty which will benefit the company moving forward.

Its quite a good time to enter the stock if you havent before imo.

Your paying a good price at say 16c when knowing where the company is positioned.

The Sp is very much in a daily non momentous position as most are holding and waiting for any drill results before selling out or buying more.

Sure u have some buyers and sellers but the swings are less desisive at this point.

I expect to see some reasonable results over the coming days and the SP should push up again into the high teens to low 20's.......again dependant on results.

And please dont concern yourself with downrampers.... they keep us honest.

....well they think they do so let them.

Think positive...be positive.