Hi All,Based on the 10/12/2007 - Yalgoo Update - they have been...

Hi All,


Based on the 10/12/2007 - Yalgoo Update - they have been drilling the prospective areas to see how big the resource actually is. It could be that they have had positive results so far and the resource could be much larger than anticipated. As such there could be a JV with any number of interested parties that was explained in the announcement.

From what I can see - I think we will see a nice SP run on Wednesday which will hopefully be sustained. I really think that the market has overlooked and under valued FWL. With the amount of shares on issue and amkt cap of only 25m - its just too low.

Cheers
B