Indigo,
Based on my experience in UCL Resources (ASX:UCL) and formerly called Union Resources (secondary listing in London, epic code URL), I don't think the FMS cash situation is something to worry about too much. Everyone thought I was mad subscribing for shares after UCL had had a failed non-renounceable rights issue - I even asked for excess shares to, and got the lot, and became a top 20 shareholder (only briefly) as a result. The company really was down to its last $, but it had no debt and had excellent exploration/development plays (albeit in very dodgy countries). Anyway I hope this helps set your mind at rest. I won't worry about FMS if it gets down to it last $. A failed CR and the company being down to the last $ is a far worse experience. FMS can even flog off Canegrass, so the cash situation may not be as bad as it looks. Just my view. All in my opinion. DYOR.
P.S. Some posters have mentioned we might be due some royalties from some tenements sold off to FMG.
Indigo,Based on my experience in UCL Resources (ASX:UCL) and...
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