If I'm CEO there is nothing I can do, because market does not believe in any FWL project at current low iron ore price.
Further, it is extremely hard to raise any cash.
May ask TFA International (since they put money into capital raising essentially they are paying for all cost) to make a low ball offer for entire company (2c). Then put in maintenance or cut spending to minimum. Just IMHO.
May be raise enough cash to buy a better project or farm-in another project/company.
LCG Price at posting:
1.8¢ Sentiment: None Disclosure: Not Held
