I reckon you will find Fishinick is right, and if they (FML) do it, they'll probably combine it with some sort of consolidation so you won't notice it as much (so we might finally get one). Go and look at what IGR just announced....and they are mining and have excellent resources (I personally didn't think it was necessary). Fishinick is certainly in line with how WA gold boards think.
under capitalised needs share issue, page-12
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