Fortune Minerals Ltd T.FT

A PP Is On The Table ?

[Lotten]

I think we'll soon see a pp if they are able to find stakeholders.

The company needs money to purchase the refinery. (we might see an extension of the option)
And the the company needs money to complete an updated FS.

Without an updated FS I think the company will struggle to find partners, and at the moment a pp seems the only way to raise the money needed.

My opinion.

[red]

I agree with you on what we know has to be done soon and very soon  and that it is going to have to be substantial. Will that shot in the arm be translated and viewed as a vote of confidence? Or is someone putting good money into a bad situation.  at the same time if anyone was going to do that kinda PP  ....better done at .09 vs .14 and once again could be telling us something .