Brett Manning just continues to impress with his management moves. This latest site acquisition looks unbelievably good, with road, rail, power and gas all intersecting. Excellent work for FWL to put their foot on a location which, it is stated, will improve the IRR for the project by three percentage points. That's a big jump, and further improves the buffer, providing protection in the event of the market for the final product suffering a downturn.
This operation is being run like a business, from Day One - and that's a striking contrast to most of the IO minnows on the market.
LCG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
