SWP 6.98% 20.0¢ swoop holdings limited

fcn ready to take off, page-3

  1. 739 Posts.
    i dont think fcn is anywhere near ready to take off....i have been a long term holder, initially bought around the time collurabbie was in its early stages, i think it was 2004, 5 years has passed and we are still no further progressed with this once highly prospective area....this project was supposed to be huge for fcn, a project that would of set them up for profits and dividends...fcn must finish up negotiations with bhp and get going with this one...saxby has potential, but not like collurabbie...and most other projects fcn has are not seeing much work or are not hitting major, company breakthrough targets....my average is about 45c, and target price of 50c in the next 12 months, but they need progress at collurabbie if they are ever going to become a serious producer and a successful company imho
 
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