Well Rio is trying to sure up its value,but after the Aluminium thing I doubt that Rio would even consider little old FDL. I think that we should look at the possibility of a Chinese company fronting up the money for a slice of the pie.CFE is a great example and they had an ore reserve 1.5 billion tonnes of magnetite graded at 30%Fe.Look what happened there,cant wait for Monday anything is possible,and if the chinese will buy into an operation like Cape Lambert whose ore was only good for making nails.Look the precedent has been set anything can happen.
FDL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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