Doctornoh
Am I understanding you right? You're saying that the diamonds, etc. are not currently priced into the FMS SP?
If I was a new shareholder in FMS would my 16cents per share not buy some portion of the diamonds, etc?
When the company lists its non-tangible assets does it not list the tenements and exploration leases on its books and attribute a value?
If I wanted to takeover FMS as it currently stands do I not account some value to these assets?
I'm sorry but I bought into FDL before they became FMS based on they were a diamond explorer who got lucky and found IO now they are saying that I didn't actually buy the diamond assets and if I want to own some of that I can pay for them in the IPO.
Yes FMS will end up with more money in the bank and yes I would rather see this then another SPP but let the new investor into the IPO give us that cash and not ask the FMS long termers stump up another load of cash for something we already own.
Just my opinions; I respect yours!
CD
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