There is no past evidence that FMS is a leaky company, more the opposite, as indicated by this from November 2007;
Just ask junior South Australian explorer Flinders Diamonds, (ie.now FMS) after the company's share price surged a massive 790 per cent yesterday on the news that it had identified an "iron ore target" of up to 390 million tonnes at its Pilbara tenement - which has a happy coincidence of being right next door to ground held by iron ore aspirant Fortescue Metals Group.
FMS has been shrewdly managed for years, which is easy to forget. They have been very smart in guarding and cultivating their cash, remember when the 10 cent options came in just in time to be exercised, lots of lovely free money flowed in.
They're idling, no need to panic.
FMS Price at posting:
14.1¢ Sentiment: Hold Disclosure: Held
