PA, I don't think anyone needs to worry about FEX for a while...

PA,
I don't think anyone needs to worry about FEX for a while since they locked in a 50,000 tonnes per month hedge at $230.30 US per DMT for 12 months, $69m cash in the tin and a 5.25 c FF Divi, just wish FEX could have Taken Over VMS 12 months ago and with real management who know how to get things done we would be all closer to retirement!
FEX could also suspend mining and just buy on the spot market and supply and be way in front
Saying that VMS looked to good at 5.1c, so topped up a few more good luck to those who stole them at 4.5c.

As far as those bagging Chalice for dragging their heels with the EM surveys, it's still raining here in the West, just like it did back in the 70's, so I can't see them getting in before the 2nd week of Oct, so maybe some results late Dec.
I did not get in it for the FE, that is just a side show the real value is in the WA projects and the Tassie Tin.

But gee wiz how far could this company go with a real management team, the FE should have been melting in Chinese furnaces at least 6 months ago and the SP and cash in the tin would be 10 bags at least where it is today.

It is all about timing they say and I think AR has been relying on the Sun Dial for far to long and maybe having to many coffees with Samso.

Cheers BK14