It seems logical to me that FMG has derisked the government-side of the story sufficiently with the EA submission, but where they stand on working out a FINAL agreement with FN is still unclear. Sure, the agreement that came out last week with them is a good start, but is that enough to have a potential JV partner to commit to a deal? I don't know.
I'm sure any talks will be on going until they finalize things, but IMO any announcement may come closer to receiving any final approval from FN, than from where we currently stand. That's just my guess. That's why I think once the EA is finally submitted Dan and Steve Lines should do another webinar explaining where we are now in this process.
Incredible value at these prices is the understatement of the year, almost left for dead is maybe a better way to put it. LOL It's amazing to me that the share price is falling with all the good news we've had lately.
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