The price of ore is but a small issue for FWL. Being broke is also a minor issue.
The major problem, is that they do not have a project. I have not seen anything to suggest that Yalirimbi would ever make a cent!
Management have provided nothing to suggest that Yalirimbi would make money. They have changed the crush 600% from 1mm to 6mm, and not explained the impact. The transport costs would be prohibitive, but they have said nothing about it! And a piddly size resource.
Marvel Loch. A collection of nothing, that they bought from an associate.
Yogi. A dream without a port. Transport difficulties. A process still with difficulties. Small.
I have not seen anything from this Company, that suggests they have a clue.
All my opinion. Probably wrong again.
Please tell me why I am wrong'
LCG Price at posting:
1.8¢ Sentiment: Sell Disclosure: Not Held