Exactly guys.No doubt to me this is being capped under 6c...

Exactly guys.

No doubt to me this is being capped under 6c atm,which is why the boys didn't come out to play after announcement today.

All to do with a raising is my guess.

The potential fundee will have boys trying to get the s.p. as low as poss without disposing too many shares.

FML would be wanting deal done, so could get it all behind em,get their minds 100% on entering production and resurrecting their s.p.

S.P. looks very close to the bottom and a raising somewhere between the 5 and 5.5c mark in coming weeks to complete ownership would not suprise.

Todays upgrade only reinforces some of the potential of their Au project,nickel will be the icing one day too.

Any views as to chances of them being able sell it down to that 5c level before news of deal arrive?

I wouldn't mind picking up some more at bargain prices.