K To classify everyone who doest hold the same positive outlook that you have as a down ramper or trader trying to steal your stock is a bit out there. Is everyone that has a positive outlook trying to pump the price? Maybe you are a pumper so you can sell out?
I dont really believe you are , you are just a passionate holder with your own formulated opinions. Everyone makes there own decision to sell or buy. This s a place for all opinions to be voiced. You and everyone else can choose to ignore or heed them yourself. But to flame any opinion that differs from your own and advise others to ignore them is questionable.
I dont dispute that there is the potential for a good deposit on their lease.
I got out because of the following reason
management say they have DSO, it isnt. It needs to be processed to get it to the required FE% (I am not going to argue with you on this, I worked at a major I/O mine in the pilbra for 5 years and know what DSO is, it is ore you dig out of the ground and put on the boat it is already the right FE%)
If they are spinning that it is DSO, it was a reason to get out. If they actually believe that it is DSO then it was also reason to get out. So for me the fact they called it DSO was enough to lose confidence.
I believe they can still make money from their 'product' and it is a means for the company to go forward. However based on the need to raise money to build a plant and infrastructure I will wait till I get back in.
Good luck to all whatever your strategy I hope it all works out well.
I will see you south of 5c when I look to get back in or north of 10c to congratulate all those that kept the faith.
Sentiment is wait and see
FAS Price at posting:
7.6¢ Sentiment: None Disclosure: Not Held
