I have been too embarassed to ask how to tie it around my leg properly, it seemed like such an obvious thing. Google didn't help, I guess because I called the thong thing a thong, you can imagine lol. I've never had a sheath with a tie point before. But I'll ask here since you seem to do it. The problem I have is when I sit or crouch down, then the thong is too tight. If I loosen it up, then it doesn't do its job when I'm walking. Maybe I'm just not doing it at all right, or misunderstand its purpose (to keep the sheath from swinging/moving?).
I don't know the designer's intent of the holes, but as nursemike said, I think they are just there to provide some additional mounting options. I've read some who have suggested using those holes so the F1 can be carried as a neck knife, though it seems a bit large for that to me.
For myself, I haven't used them to secure the sheath around my thigh, I simply carry it hanging from my belt like any other sheath knife. What you see in the picture is a simple paracord wrap with the 2 ends of the cord threaded through the holes & tied off (I have about 6 1/2 feet of cord there). I like the idea of leveraging the sheath to carry some extra "survival" items, and this was my first attempt at that.
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