something has to happen with Fancamps properties.

iron ore is hot.... magpie - chm 17.5% and 1.5% NSR - Lamalee... as a package the value should be way above where we are trading.

right now at 49 cents and 1.90 for chm - we are trading at a discount.... the value of fermont when chm is at 1.90 = 123M market cap for chm / 82.5% = 150M property value..

say fnc has 20% value (if you add in the nsr) that mean 30M - with 60M shares that is 50 cents .....

no value for any other asset of fancamp given by market - none for argex -rof - magpie -lamalee - uranium -gold etc....

FRIGGING DOWNRIGHT RIDICULOUS!!!!!!!!!!!!!

spin out argex (get MF to remove escrow)- spin out iron ore properties - spin out or jv all other properties - fire peter and get new ceo - stop diluting and finding more "targets" we can't afford to drill and for which the market does not care.