FMS - "The Foundation Customer", page-46

“It is possible that BBIG may source iron ore for the Balla Balla project from iron ore assets other than the PIOP and as a consequence, PIOP ore may not be required by BBIG.”

• So despite Todd owning 56% of Flinders they are looking to other iron ore deposits with other parties as a foundation customer??? Suppose that is one way to depress the share price.
• They think they don't need the Flinders PIOP then why fight minority shareholders and try and delist?
• Does that mean if Todd don't need PIOP then we can expect the current lot of muppets to resign and Todd to sell out??
• Look forward to the SP being depressed some more by Todd who can then sell out - at current iron ore prices Flinders would be cheap as chips for anyone

Current market capitalisation is $118.4M so 56% is $66.3M - the current market rate. Seeing as the BoD tend to talk down PIOP, maybe they would like to sell their stake in Flinders for say $50M that is probably what it's worth if the BoD are to be believed right??

If these muppets brag about how good they are with their CV and linkedin profiles about how wonderful and qualified they are and how they come with so much experience at being able to deliver projects to budget and all that other fluff ---- Why can't you make Flinders PIOP work??? If you can't then step aside and let someone else have a go. It's really really simples.....