results geo morph survey exp, page-10

In my view this cap raising will go well for a rerating as FDL moves into the next phase. We may take a dilution on the open yet when it gets digested the valuation based on inferred resource becomes a real possibility as the probability of the resource is now close to 100%.

Its still all good news potential from here...drilling, samples, mining plans, consolidation.

I hope the raising is to an established big boy (FMG IMO) as the first substantial holder who brings expertise and leverage into mining planning, distribution and infrastructure.

Warnie is on the mark I reakon re the market cap....watch the big boys take note now.

More anns possible before the restart IMO.

I know its hard for some, yet you ahve to take at least a 2-6 month view on this one as the news flows.

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