Hi Guys, I emailed Brett Manning recently. His reply was very...

Hi Guys, I emailed Brett Manning recently. His reply was very positive saying that they have a lot of work going on at the moment on many fronts.

I believe the Kobe Steel results should be released this month as per previous announcements, barring any unexpected delays of course. The advantage of the ITmk3 process is that it produces a product which is 50% lighter then iron ore (containing between 96-98% iron, with the remainder being primarily carbon). The upshot of this is that it will significantly reduce production and shipping costs.

I do hold FWL shares and I am extremely confident that the current SP will soon be a distant memory as FWL has more going for it than most.

You are right Prime1 a successful test result from Kobe Steel with either the ITmk3 or Fastmelt technologies, which is highly likely as both processes are commercially available and ITmk3 having been successfully tested in production, will move the SP along nicely.

To those who bought on the recent lows congratulations, to those that bought at 80+ hang in there you will be rewarded.

Thanks Guys