People can read, and make up their own mind to invest or not.
It's a free market, and EPS disclosed the relevant details, and that does not detract from the very real prospect, that they may infact have the goods. Drills will confirm.
As i say, it hasn't hurt FDL any.
FDL is still a conceptual target, would you like everyone to sell their fdl shares until the mc is back around 25 mill? Would that keep the tissue box full?
EPS will be rated by MR market, as a potential peer to ARH, current MC 246 mill.
Where does the spec value put that given where FDL is in comparison to FMG?
I would tip, that at the same level of progress, say a drilling schedule immenent, to prove it up, speculative value would be 50-100 mill mc if the FDL example is anything to go by. (re to ARH 246 mill)
As I have previously posted, there is a segment of the market that will run with the "if" factor, and is well supported. While there are also those that rely upon drills to support before buying.
Each to their own.
good hunting.
cheers
EPS Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
