This is a good start to our long awaited 'reporting season', although the broader market doesnt really seem to care. After 9 months without a MD, I think Gary is the man for the job. It also shows that we need someone out the front to do hard negotiating and have the authority to make decisions.
From Robert Kennedy;
?Flinders Mines is currently entirely focused on the best manner in which the resource is monetised for shareholders and our start-up options,?
The emphasis seems to be on how to monetise the resource (corporate transaction), with almost forgetting about the option of 'start up'.. This is interesting.
"We are on target to start first mining works early in the first quarter of next year to achieve first production in 2014,?
If this is still the case, we will need to start the DFS soon, which includes a transport solution.
FMS Price at posting:
16.1¢ Sentiment: Buy Disclosure: Held
