Yes - just requires patience from long term holders IMO. It was a good report actually in that Flis provide a clear outline of all the work/projects/drilling/targets they have for 2010.
Shareholders will have no reason to complain about what the company is up to between market sensitive announcements as Flis clearly explained all of it.
No doubt the share price will have a life of its own and different stages throughout 2010, but at least the long term holders have been kept fully informed about what is planned for the year.
A very promising SPECULATIVE BUY at this level (i.e: no guarantees)
Coop
MFE Price at posting:
22.0¢ Sentiment: LT Buy Disclosure: Held