The company released to the market a (small) update on its exploration activities today.
8 NEW targets identified on ~15km strike length at Davidson Creek. I sense FRS are gaining more and more confidence in this tenement each week and it would not surprise me when they do release results (before month-end) - they are much better than previously indicated?
I would be interested in other opinions on this also!
With the mining application going through the appropriate channels ATM - both Davidson Creek and Robertson Range ore bodies are close to existing rail infrastructure and I would expect FRS to release firmer direction on this subject in the coming weeks also.
So, which is it going to be...? - Ore sales at mine gate or rail head? - Co-operative development (BHP)? - Rail haulage service under State Rail Agreement?
Please DYOR.... Kooyong
FRS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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