In Companies like this, at this stage of their life cycle, you have to have a good look at management. What have they achieved, what are their skills, have they got the necessary abilities? In this market, are their projects likely to eventuate?
The current resource market is very difficult for juniors, but I beleive a resurgence is close, and there are good buying opportunities.
I wish someone would explain to me, what FWL has going for it! Don't say MPI, unless you can explain why 50 other companies have ignored that opportunity>
LCG Price at posting:
4.0¢ Sentiment: Sell Disclosure: Not Held
