I agree about the need to come up with a genuinely positive agreement. The last time FWL was put into TH, they announced that they hadn't found any hematite and had deal for an outside chance of a maybe for $15m. In the end they got $1m, which was effectively a placement at .20c. A trading halt for what turned out to be a bit of cash to keep them afloat and the SP tanked.
I hope this turns out to be the real deal or the market will savage them for putting the company into TH for something that just keeps them in jobs. It really grates when companies call a TH for no good reason other than to try and create some interest. Always works against them.
Let's hope there's some truth to the media rumours!
LCG Price at posting:
14.9¢ Sentiment: Hold Disclosure: Held