Ripped - this is from FCN's last quarterly -
" On 17th June 2005 BHP Billiton announced that it had acquired over 90% of the shares in
WMC. At a recent joint venture meeting, BHP Billiton reaffirmed its commitment to the
Collurabbie Joint Venture with FCN."
This is FCN's take on the meeting - maybe it was an "in principle" commitment to have a closer look - who knows? Having said that there will be some further drilling taking place in late Aug -
"The next drilling phase at Olympia that is planned to commence towards the end of
August will include three deep diamond holes to test the down dip extension for new
sulphide positions at approximately 500m vertical depth underneath the Olympia zone."
Cheers
something up or just o/sold?, page-7
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