glittering prospects - smh 13/11 - fml 17 cent, page-91

Sharpshooter - appreciate your posts/thoughts regarding FML; you will however have seen I am slighting more bullish than you, hence the position/buy disclosures.

Regarding your comment on FML's position post gaining complete control over CRE via it's takeover, I think it's important to note that FML ownd >75% of CRE's issued shares. It therefore has absolute control over the board, mgmt and operations of CRE.

Stone Mining is a minority shareholder in every regard, and has no influence over FML's board or mgmt deceisions concerning CRE (unless ASIC deems FML is acting in a way that materially disadvantages Stone's economic interest in CRE).

So to say FML are nothing but a large shareholder of CRE, really is not true.