We all know that FNC's true value is well north of where it's trading.

Despite Peter, we should be in the upper teens/low 20's IMO, all it will take is positive news

on KWG (railway financing news, due shortly. Remember we still hold 50% of that prop),

Magpie process (due shortly), CIA mine & rail feasability soon, HPQ - gold prop spin off and

continuing test results with their provap process.

I would still like to see FNC sell its Lamelee prop. to CIA...terms... 10m sh of CIA and CIA

returns the 20m sh of FNC they hold.

Iwould like to also see FNC do something about the 2 prop's that had good CU results.

There are a helluva lot more positives than negatives.

Peter, if you are following this board ... it's time to do what's best for your diehard shareholders! 

GLTA

Terry