I think now we all can sit back and relax as everything worse has happened to FWL: no DSO earlier, now no investor.
I really hope the Management will not replace the DSO 'dream' with a Gold 'dream' as both the 'dreams' these have something in common:unsubstantiated.
Any hope of life would be to meaningfully expend any funds to establish the Magnetite in hopes of positioning for a more attractive negotiating grounds for a new investor. I hope they read this blog.
LCG Price at posting:
3.4¢ Sentiment: None Disclosure: Held