Completely agree with you about it being an all or nothing play! But now all the economic fundamentals are in their favour, where as in 2009 everything was going against them.
Things are looking up for small iron ore players like FWL!
And its not a short term proposition, especially with the recent Hematite Resource!
FWL has a fantastic tenement on its Balance SHeet! Much more than a lot of other small iron ore explorers who dont even have a resource yet! And they are still on the ASX!
These guys are well advanced on them! Go FWL!
LCG Price at posting:
7.7¢ Sentiment: LT Buy Disclosure: Held