RE: 3 months ago they said this!!!22 May 2015 18:43
"these people are clueless and it looks like they just make it up as they go along"
Could say the same about you!
If I were in the position to invest heavily in FRX, as a financier, I'm guessing my shareholders would roast me alive if I didn't do due diligence, on the basis of completed DFS - ie I'd want to reassure myself of the facts. Just shows that things are progressing. Term sheets always precede due diligence in my experience.
The true facts are:
Environmental permit sorted - tick
Mining Convention sorted - tick
Government Elections done - tick
Same Administration, with whom good relations have been developed, returned to power - tick
Ministers being appointed - tick
DFS completed - tick
Financiers engaged - tick
Infrastructure in place - tick
Exploitation permit granted by stated end Q2 (End June) - On target